| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $184M | $210M | 16.2% | 1.9% |
| Op. Income | $107.0K | -$20M | -$393.0K | 100.5% | 127.2% |
| Gross Margin | 35.5% | 30.0% | 34.2% | 5.5pp | 1.3pp |
| Net Margin | -0.5% | -7.8% | -0.4% | 7.3pp | -0.1pp |
| EPS (Diluted) | $-0.06 | $-0.79 | $-0.04 | 92.4% | -36.7% |
| Free Cash Flow | $16M | -$24M | -$565.0K | 165.8% | 2928.7% |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $76M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $107.0K |
| Interest Income | $753.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $805.0K |
| INCOME BEFORE TAX | $912.0K |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $5M |
| EBIT | $107.0K |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | $3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$989.0K |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $28M |
| Net Receivables | $22M |
| Inventory | $158M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $301M |
| PP&E (Net) | $272M |
| Goodwill | $15M |
| Intangible Assets | $15M |
| Long-Term Investments | $6M |
| Tax Assets | $9M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $323M |
| TOTAL ASSETS | $623M |
| Account Payables | $69M |
| Short-Term Debt | $56M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $331M |
| Common Stock | $207M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $0 |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $623M |
| Total Debt | $209M |
| Net Debt | $130M |
