| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $64M | $59M | 7.5% | 16.5% |
| Op. Income | $4M | $6M | $4M | -28.2% | 15.8% |
| Gross Margin | 63.3% | 62.8% | 59.9% | 0.5pp | 3.4pp |
| Net Margin | 2.0% | 22.2% | 7.8% | -20.2pp | -5.8pp |
| EPS (Diluted) | $0.05 | $0.50 | $0.16 | -90.3% | -69.8% |
| Free Cash Flow | $6M | $229.0K | $3M | 2493.4% | 136.5% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $43M |
| R&D Expenses | $16M |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $19M |
| Other Expenses | $4M |
| Operating Expenses | $39M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $458.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $43M |
| R&D Expenses | $16M |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $19M |
| Other Expenses | $4M |
| Operating Expenses | $39M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $458.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $21.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$651.0K |
| Acquisitions (Net) | -$145M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$503.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $453.0K |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $36M |
| Goodwill | $135M |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $75M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $333M |
| TOTAL ASSETS | $442M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $55M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $10M |
| Additional Paid-In Capital | $102M |
| Retained Earnings | $153M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $260M |
| Minority Interest | $0 |
| TOTAL EQUITY | $260M |
| TOTAL LIABILITIES & EQUITY | $442M |
| Total Debt | $74M |
| Net Debt | $19M |
