| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $161M | $145M | 3.1% | 14.3% |
| Op. Income | $38M | $35M | $37M | 9.9% | 4.3% |
| Gross Margin | 68.8% | 65.8% | 73.2% | 3.0pp | -4.4pp |
| Net Margin | 16.5% | 16.3% | 20.3% | 0.2pp | -3.7pp |
| EPS (Diluted) | $0.47 | $0.46 | $0.52 | 2.2% | -9.6% |
| Free Cash Flow | $26M | $36M | $38M | -26.8% | -30.2% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | $31M |
| Operating Expenses | $76M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $38M |
| Interest Income | $132M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $38M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | $31M |
| Operating Expenses | $76M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $38M |
| Interest Income | $132M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $38M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $190.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $18M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $116M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $102M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$385M |
| NET CASH FROM FINANCING | -$436M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$306M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $1.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $133M |
| Goodwill | $333M |
| Intangible Assets | $37M |
| Long-Term Investments | $8.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $567M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $0 |
| Short-Term Debt | $140M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.0B |
| TOTAL CURRENT LIABILITIES | $10.1B |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $208M |
| TOTAL NON-CURRENT LIABILITIES | $521M |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $60.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $262M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $454M |
| Net Debt | $168M |
