| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $58M | $53M | -10.5% | -2.5% |
| Op. Income | $30M | $36M | $30M | -16.3% | -0.1% |
| Gross Margin | 65.8% | 68.6% | 61.3% | -2.9pp | 4.5pp |
| Net Margin | 56.4% | 60.9% | 55.2% | -4.5pp | 1.2pp |
| EPS (Diluted) | $0.45 | $0.54 | $0.45 | -16.7% | 0.0% |
| Free Cash Flow | $30M | $45M | $28M | -33.1% | 7.7% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $30M |
| Interest Income | $55M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $0 |
| EBIT | $30M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $30M |
| Interest Income | $55M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $0 |
| EBIT | $30M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$288M |
| Sales/Maturities of Investments | $451M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $162M |
| Net Debt Issuance | -$187M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$217M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
