| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $112M | $140M | 29.0% | 3.2% |
| Op. Income | $30M | $19M | $21M | 58.1% | 43.8% |
| Gross Margin | 40.6% | 42.1% | 36.6% | -1.5pp | 4.0pp |
| Net Margin | 13.2% | 12.7% | 12.9% | 0.5pp | 0.4pp |
| EPS (Diluted) | $0.32 | $0.24 | $0.31 | 33.3% | 3.2% |
| Free Cash Flow | $27M | -$391.0K | $17M | 6910.5% | 60.4% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $30M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $182.0K |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $30M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $182.0K |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $182.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$251.0K |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$290.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$290.0K |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $524.0K |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $47M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $301M |
| PP&E (Net) | $3M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $323M |
| Account Payables | $21M |
| Short-Term Debt | $10.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $8.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $208.0K |
| TOTAL NON-CURRENT LIABILITIES | $216.0K |
| TOTAL LIABILITIES | $91M |
| Common Stock | $634.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | $134M |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$628.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $232M |
| Minority Interest | $0 |
| TOTAL EQUITY | $232M |
| TOTAL LIABILITIES & EQUITY | $323M |
| Total Debt | $18.0K |
| Net Debt | -$150M |
