| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | — | — | — | — |
| Op. Income | $27M | — | — | — | — |
| Gross Margin | 98.2% | — | — | — | — |
| Net Margin | 19.8% | — | — | — | — |
| EPS (Diluted) | $0.32 | — | — | — | — |
| Free Cash Flow | -$54M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $118M |
| R&D Expenses | $65M |
| Selling & Marketing | $13M |
| General & Administrative | $13M |
| SG&A Expenses | $26M |
| Other Expenses | -$292 |
| Operating Expenses | $91M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $10.1K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $6M |
| EBIT | $27M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $118M |
| R&D Expenses | $65M |
| Selling & Marketing | $13M |
| General & Administrative | $13M |
| SG&A Expenses | $26M |
| Other Expenses | -$292 |
| Operating Expenses | $91M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $10.1K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $6M |
| EBIT | $27M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$84M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$286.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $136M |
| Goodwill | $4M |
| Intangible Assets | $12M |
| Long-Term Investments | $5M |
| Tax Assets | $8M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $167M |
| TOTAL ASSETS | $454M |
| Account Payables | $12M |
| Short-Term Debt | $105M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $140M |
| Deferred Revenue NC | $39M |
| Deferred Tax Liabilities | $854.6K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $185M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $31.3K |
| Additional Paid-In Capital | $948M |
| Retained Earnings | -$760M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $1M |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $454M |
| Total Debt | $248M |
| Net Debt | $88M |
