| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | — | $77M | — | -6.5% |
| Op. Income | -$1M | — | $723.0K | — | -287.2% |
| Gross Margin | 21.9% | — | 24.0% | — | -2.1pp |
| Net Margin | -2.1% | — | 1.7% | — | -3.7pp |
| EPS (Diluted) | $-0.06 | — | $0.05 | — | -211.8% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $697.7K |
| INCOME BEFORE TAX | -$655.9K |
| Income Tax Expense | $337.6K |
| Net Income from Continuing Ops | -$993.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $609.9K |
| EBIT | -$806.0K |
| EBITDA | -$196.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $689.8K |
| Long-Term Investments | $1M |
| Tax Assets | $116.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $106M |
| Account Payables | $925.4K |
| Short-Term Debt | $16M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $111.1K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $2.6K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $826.6K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $1M |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $19M |
| Net Debt | -$16M |
