| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $74M | $43M | 51.5% | 162.8% |
| Op. Income | $137M | $29M | -$17M | 380.9% | 884.2% |
| Gross Margin | 69.3% | 40.1% | 48.1% | 29.2pp | 21.2pp |
| Net Margin | 113.4% | 35.1% | -42.7% | 78.2pp | 156.1pp |
| EPS (Diluted) | $0.58 | $0.14 | $-0.23 | 314.3% | 352.2% |
| Free Cash Flow | -$60M | -$75M | -$10M | 19.8% | -500.0% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | -$85M |
| Operating Expenses | -$60M |
| Cost & Expenses | -$25M |
| OPERATING INCOME | $137M |
| Interest Income | $3M |
| Interest Expense | $526.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $32M |
| EBIT | $139M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | -$85M |
| Operating Expenses | -$60M |
| Cost & Expenses | -$25M |
| OPERATING INCOME | $137M |
| Interest Income | $3M |
| Interest Expense | $526.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $32M |
| EBIT | $139M |
| EBITDA | $171M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$228M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $68.0K |
| Other Investing Activities | -$161M |
| NET CASH FROM INVESTING | -$199M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $518M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | $275M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320M |
| Short-Term Investments | $359M |
| Net Receivables | $0 |
| Inventory | $991.0K |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $688M |
| PP&E (Net) | $832M |
| Goodwill | $8M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $850M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $44M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $637.0K |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $225.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $284.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $13M |
| Net Debt | -$307M |
