| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $128M | $169M | 4.0% | -21.1% |
| Op. Income | $23M | $18M | $27M | 26.7% | -17.3% |
| Gross Margin | 40.1% | 37.5% | 32.9% | 2.6pp | 7.2pp |
| Net Margin | 14.1% | 12.4% | 16.5% | 1.7pp | -2.3pp |
| EPS (Diluted) | $1.53 | $1.28 | $2.19 | 19.5% | -30.1% |
| Free Cash Flow | $31M | $3M | $21M | 857.6% | 50.5% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $53M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $638.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $415.0K |
| Other Income/Expenses | $260.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $23M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $53M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $638.0K |
| Operating Expenses | $31M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $415.0K |
| Other Income/Expenses | $260.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $23M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $971.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$104.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$837.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $59M |
| Net Receivables | $87M |
| Inventory | $128M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $376M |
| PP&E (Net) | $57M |
| Goodwill | $25M |
| Intangible Assets | $47M |
| Long-Term Investments | $10M |
| Tax Assets | $15M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $192M |
| TOTAL ASSETS | $568M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $121M |
| TOTAL LIABILITIES | $211M |
| Common Stock | $1M |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $340M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $356M |
| Minority Interest | $0 |
| TOTAL EQUITY | $356M |
| TOTAL LIABILITIES & EQUITY | $568M |
| Total Debt | $82M |
| Net Debt | -$3M |
