| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $63M | $61M | 4.3% | 6.6% |
| Op. Income | $4M | $3M | -$914.0K | 30.1% | 492.2% |
| Gross Margin | 37.2% | 38.8% | 30.1% | -1.6pp | 7.1pp |
| Net Margin | 4.8% | 3.2% | -0.9% | 1.6pp | 5.7pp |
| EPS (Diluted) | $0.04 | $0.02 | $-0.01 | 100.0% | 500.0% |
| Free Cash Flow | -$11M | $4M | -$12M | -388.6% | 5.3% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $24M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $4M |
| Interest Income | $493.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$380.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $81.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $24M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $4M |
| Interest Income | $493.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$380.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $81.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $692.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$191.0K |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$193.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $46M |
| Inventory | $35M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $36M |
| Goodwill | $93M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $302M |
| Account Payables | $50M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $362.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $127M |
| Common Stock | $0 |
| Additional Paid-In Capital | $480M |
| Retained Earnings | -$307M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $176M |
| Minority Interest | $0 |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $302M |
| Total Debt | $48M |
| Net Debt | $4M |
