| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $81M | $76M | -5.8% | 0.2% |
| Op. Income | $14M | $21M | $20M | -33.7% | -29.8% |
| Gross Margin | 38.6% | 43.0% | 45.2% | -4.4pp | -6.5pp |
| Net Margin | 14.5% | 21.0% | 20.7% | -6.5pp | -6.2pp |
| EPS (Diluted) | $0.57 | $0.88 | $0.81 | -35.2% | -29.6% |
| Free Cash Flow | -$3M | $7M | $7M | -139.2% | -136.4% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $8M |
| Operating Expenses | $16M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $230.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $8M |
| Operating Expenses | $16M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $230.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $230.0K |
| Stock-Based Compensation | $710.0K |
| Deferred Income Tax | -$381.0K |
| Other Non-Cash Items | $696.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$56.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$429.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $151M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $854M |
| Tax Assets | $22M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $929M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $933M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $223M |
| Retained Earnings | $128M |
| Treasury Stock | -$41M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $301M |
| Minority Interest | $0 |
| TOTAL EQUITY | $301M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$31M |
