| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $88M | $86M | 8.6% | 11.5% |
| Op. Income | $10M | $4M | $6M | 145.5% | 83.3% |
| Gross Margin | 34.8% | 36.2% | 35.2% | -1.4pp | -0.4pp |
| Net Margin | 8.2% | 0.5% | 2.4% | 7.7pp | 5.7pp |
| EPS (Diluted) | $0.09 | $0.00 | $0.02 | 1837.0% | 263.7% |
| Free Cash Flow | -$416.0K | $3M | $851.0K | -114.7% | -148.9% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $33M |
| R&D Expenses | $8M |
| Selling & Marketing | $12M |
| General & Administrative | $2M |
| SG&A Expenses | $14M |
| Other Expenses | $915.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $609.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $33M |
| R&D Expenses | $8M |
| Selling & Marketing | $12M |
| General & Administrative | $2M |
| SG&A Expenses | $14M |
| Other Expenses | $915.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $609.0K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $169.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$676.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $284.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$416.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $130M |
| Inventory | $59M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $52M |
| Goodwill | $8M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $299M |
| Account Payables | $67M |
| Short-Term Debt | $28M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $670.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $440M |
| Retained Earnings | -$267M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $144M |
| Minority Interest | $0 |
| TOTAL EQUITY | $144M |
| TOTAL LIABILITIES & EQUITY | $299M |
| Total Debt | $45M |
| Net Debt | $18M |
