| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $8M | 10.0% | 27.8% |
| Op. Income | $586.0K | $93.0K | -$1M | 530.1% | 143.6% |
| Gross Margin | 75.3% | 74.9% | 73.2% | 0.4pp | 2.1pp |
| Net Margin | 6.0% | 1.2% | -21.2% | 4.8pp | 27.2pp |
| EPS (Diluted) | $0.02 | $0.00 | $-0.05 | 506.1% | 140.0% |
| Free Cash Flow | $501.0K | $2M | -$502.0K | -79.6% | 199.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $586.0K |
| Interest Income | $518.0K |
| Interest Expense | $401.0K |
| Other Income/Expenses | $117.0K |
| INCOME BEFORE TAX | $703.0K |
| Income Tax Expense | $103.0K |
| Net Income from Continuing Ops | $600.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $600.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $600.0K |
| D&A | $298.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $586.0K |
| Interest Income | $518.0K |
| Interest Expense | $401.0K |
| Other Income/Expenses | $117.0K |
| INCOME BEFORE TAX | $703.0K |
| Income Tax Expense | $103.0K |
| Net Income from Continuing Ops | $600.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $600.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $600.0K |
| D&A | $298.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $600.0K |
| Depreciation & Amortization | $298.0K |
| Stock-Based Compensation | $364.0K |
| Deferred Income Tax | $103.0K |
| Other Non-Cash Items | -$28.0K |
| Change in Working Capital | $11.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$847.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | -$54.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19.0K |
| NET CASH FROM FINANCING | -$35.0K |
| FREE CASH FLOW | $501.0K |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $66M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $367.0K |
| Additional Paid-In Capital | $141M |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $4M |
| Net Debt | -$44M |
