| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $12M | — | 13.8% |
| Op. Income | $5M | — | $3M | — | 70.0% |
| Gross Margin | 87.5% | — | 82.3% | — | 5.2pp |
| Net Margin | 33.0% | — | 20.2% | — | 12.8pp |
| EPS (Diluted) | $-0.32 | — | $0.08 | — | -501.6% |
| Free Cash Flow | -$4M | — | -$621.5K | — | -615.3% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$4 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $238.7K |
| Other Income/Expenses | -$232.8K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $481.3K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $592.7K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$4 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $238.7K |
| Other Income/Expenses | -$232.8K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $481.3K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $592.7K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $774.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$25.8K |
| Other Non-Cash Items | -$400.6K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$484.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$115.4K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $115.4K |
| NET CASH FROM INVESTING | -$484.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $155.3K |
| Net Receivables | $35M |
| Inventory | $1M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $9M |
| Goodwill | $58.0K |
| Intangible Assets | $20.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $63M |
| Account Payables | $543.3K |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39M |
| Minority Interest | $1.5K |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $63M |
| Total Debt | $16M |
| Net Debt | $14M |
