| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $58M | $48M | 1.7% | 23.6% |
| Op. Income | $6M | $7M | $6M | -18.1% | 2.9% |
| Gross Margin | 54.9% | 56.1% | 63.6% | -1.2pp | -8.7pp |
| Net Margin | 8.1% | 10.0% | 11.9% | -1.9pp | -3.8pp |
| EPS (Diluted) | $0.21 | $0.25 | $0.24 | -16.0% | -12.5% |
| Free Cash Flow | -$4M | $16M | $3M | -126.1% | -237.5% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $528.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $6M |
| Interest Income | $54M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $528.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $6M |
| Interest Income | $54M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $425.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $981.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $686M |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $808M |
| PP&E (Net) | $73M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $193M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $238M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $287M |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $23M |
| Additional Paid-In Capital | $91M |
| Retained Earnings | $320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $364M |
| Minority Interest | $0 |
| TOTAL EQUITY | $364M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $238M |
| Net Debt | $176M |
