| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $21M | $19M | -1.4% | 11.4% |
| Op. Income | -$484.0K | $2M | -$248.0K | -120.3% | -95.2% |
| Gross Margin | 61.4% | 67.3% | 69.0% | -6.0pp | -7.6pp |
| Net Margin | -1.8% | 9.0% | -1.0% | -10.8pp | -0.8pp |
| EPS (Diluted) | $-0.02 | $0.11 | $-0.01 | -120.0% | -120.0% |
| Free Cash Flow | $1M | -$3M | $457.0K | 142.4% | 158.6% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$484.0K |
| Interest Income | $17M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$484.0K |
| Income Tax Expense | -$109.0K |
| Net Income from Continuing Ops | -$375.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$375.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$375.0K |
| D&A | $521.0K |
| EBIT | -$484.0K |
| EBITDA | $37.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$375.0K |
| Depreciation & Amortization | $521.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | $675.0K |
| Change in Working Capital | $867.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$520.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$515.0K |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $938.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $164M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $188M |
| PP&E (Net) | $19M |
| Goodwill | $14M |
| Intangible Assets | $88.0K |
| Long-Term Investments | $1.1B |
| Tax Assets | $2M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $0 |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $78M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $268.0K |
| Additional Paid-In Capital | $146M |
| Retained Earnings | $59M |
| Treasury Stock | -$85M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $117M |
| Net Debt | $98M |
