MIND C.T.I. Ltd., a provider of billing and customer care solutions, reported its second quarter 2025 financial results, revealing a decline in key financial metrics compared to the previous year. The company reported revenues of $4.8 million for the second quarter, down from $5.3 million in the same period of 2024. This decrease was mainly attributed to the billing segment. Operating income for the second quarter was $0.3 million, or 6% of total revenues, compared to $1.1 million, or 20% of total revenues, in the second quarter of 2024. Net income for the quarter stood at $0.5 million, or $0.02 per share, a decrease from $1.1 million, or $0.06 per share, in the second quarter of 2024. For the first six months of 2025, MIND C.T.I. reported revenues of $9.7 million, down from $11.0 million in the first half of 2024. Operating income for this period was $0.6 million, representing 7% of total revenues, compared to $2.3 million, or 21% of total revenues, during the same period in 2024. Net income was reported at $1.0 million, or $0.05 per share, versus $2.5 million, or $0.12 per share, for the first six months of 2024. Cash flow from operating activities in the first six months of 2025 was reported at $1.6 million, compared to $2.9 million in the same period of 2024. As of June 30, 2025, MIND C.T.I.'s cash position, including short-term deposits and marketable securities, was $11.4 million, down from $14.6 million a year earlier. The decline in the cash position partially reflects the acquisition of Aurenz, for which $1.7 million was paid in cash. Ariel Glassner, CEO of MIND C.T.I., acknowledged challenges from shrinking markets and strong competition, impacting the company's financial results. MIND C.T.I. continues to focus on cost efficiency and investing in key areas to maintain growth and support customers.