| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $132M | — | 1.8% | — |
| Op. Income | $41M | $35M | — | 16.9% | — |
| Gross Margin | 38.2% | 32.2% | — | 5.9pp | — |
| Net Margin | -19.2% | -7.0% | — | -12.2pp | — |
| EPS (Diluted) | $-0.36 | $-0.13 | — | -176.9% | — |
| Free Cash Flow | $30M | -$17M | — | 272.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $41M |
| Interest Income | $429.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $15M |
| EBIT | $2M |
| EBITDA | $17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $55M |
| Other Current Assets | $45.0K |
| TOTAL CURRENT ASSETS | $315M |
| PP&E (Net) | $517M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $566M |
| TOTAL ASSETS | $882M |
| Account Payables | $51M |
| Short-Term Debt | $98M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $236M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $431M |
| TOTAL LIABILITIES | $634M |
| Common Stock | $609M |
| Additional Paid-In Capital | $55M |
| Retained Earnings | -$418M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $0 |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $882M |
| Total Debt | $334M |
| Net Debt | $142M |
