| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $3M | — | 14.1% |
| Op. Income | $530.0K | — | $408.3K | — | 29.8% |
| Gross Margin | 30.0% | — | 27.8% | — | 2.2pp |
| Net Margin | 14.7% | — | 13.8% | — | 0.9pp |
| EPS (Diluted) | $0.44 | — | $0.37 | — | 21.3% |
| Free Cash Flow | -$32.8K | — | $202.0K | — | -116.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $956.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $426.1K |
| Other Expenses | $0 |
| Operating Expenses | $426.1K |
| Cost & Expenses | $3M |
| OPERATING INCOME | $530.0K |
| Interest Income | $1.7K |
| Interest Expense | $17.4K |
| Other Income/Expenses | -$11.7K |
| INCOME BEFORE TAX | $518.3K |
| Income Tax Expense | $50.4K |
| Net Income from Continuing Ops | $467.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $467.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $467.8K |
| D&A | $14.1K |
| EBIT | $535.7K |
| EBITDA | $549.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $956.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $426.1K |
| Other Expenses | $0 |
| Operating Expenses | $426.1K |
| Cost & Expenses | $3M |
| OPERATING INCOME | $530.0K |
| Interest Income | $1.7K |
| Interest Expense | $17.4K |
| Other Income/Expenses | -$11.7K |
| INCOME BEFORE TAX | $518.3K |
| Income Tax Expense | $50.4K |
| Net Income from Continuing Ops | $467.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $467.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $467.8K |
| D&A | $14.1K |
| EBIT | $535.7K |
| EBITDA | $549.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $467.8K |
| Depreciation & Amortization | $14.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $58.6K |
| Change in Working Capital | -$571.1K |
| OPERATING CASH FLOW | -$30.5K |
| Capital Expenditure | -$2.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.3K |
| Net Debt Issuance | -$12.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$728.7K |
| NET CASH FROM FINANCING | -$228.7K |
| FREE CASH FLOW | -$32.8K |
| Net Change in Cash | $159.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $187.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $728.7K |
| TOTAL NON-CURRENT ASSETS | $916.1K |
| TOTAL ASSETS | $2M |
| Account Payables | $111.8K |
| Short-Term Debt | $563.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $896.2K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $896.2K |
| Common Stock | $1.4K |
| Additional Paid-In Capital | $897.4K |
| Retained Earnings | $483.2K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $613 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $563.6K |
| Net Debt | $342.5K |
