| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $54M | $63M | 11.1% | -4.8% |
| Op. Income | $5M | -$1M | -$5M | 587.3% | 219.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -0.5% | 0.0% | -16.4% | -0.5pp | 16.0pp |
| EPS (Diluted) | $-0.18 | $0.01 | $-7.00 | -3561.5% | 97.4% |
| Free Cash Flow | $6M | -$5M | $2M | 211.5% | 242.5% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $261.7K |
| SG&A Expenses | $261.7K |
| Other Expenses | $55M |
| Operating Expenses | $55M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$352.0K |
| Income Tax Expense | -$76.0K |
| Net Income from Continuing Ops | -$276.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$276.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$276.0K |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$276.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $261.7K |
| Deferred Income Tax | -$682.2K |
| Other Non-Cash Items | $617.1K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$24.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24.8K |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $83M |
| Goodwill | $922.0K |
| Intangible Assets | $396M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $485M |
| TOTAL ASSETS | $573M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $374M |
| TOTAL LIABILITIES | $424M |
| Common Stock | $34.2K |
| Additional Paid-In Capital | $153M |
| Retained Earnings | $25M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | $346.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $149M |
| Minority Interest | $0 |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $573M |
| Total Debt | $305M |
| Net Debt | $271M |
