| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $10M | 4.0% | 11.2% |
| Op. Income | -$713.9K | -$727.8K | $1M | 1.9% | -166.7% |
| Gross Margin | 27.9% | 28.1% | 48.5% | -0.2pp | -20.6pp |
| Net Margin | -4.0% | -4.3% | 8.8% | 0.2pp | -12.9pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $0.07 | 1.5% | -148.3% |
| Free Cash Flow | $1M | -$3M | $307.9K | 145.0% | 360.1% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $115.1K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$713.9K |
| Interest Income | $10M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$713.9K |
| Income Tax Expense | -$281.4K |
| Net Income from Continuing Ops | -$432.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$432.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$432.5K |
| D&A | $157.4K |
| EBIT | -$713.9K |
| EBITDA | -$556.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$432.5K |
| Depreciation & Amortization | $157.4K |
| Stock-Based Compensation | $280.6K |
| Deferred Income Tax | $16.4K |
| Other Non-Cash Items | -$181.5K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$233.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | -$5M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$734.7K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $107M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $178.5K |
| Long-Term Investments | $789M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $846M |
| TOTAL ASSETS | $975M |
| Account Payables | $0 |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $649M |
| TOTAL CURRENT LIABILITIES | $709M |
| Long-Term Debt | $119M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $838M |
| Common Stock | $131.4K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | $91M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $136M |
| Minority Interest | $0 |
| TOTAL EQUITY | $136M |
| TOTAL LIABILITIES & EQUITY | $975M |
| Total Debt | $179M |
| Net Debt | $162M |
