| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $172M | $162M | 1.0% | 7.3% |
| Op. Income | $69M | $67M | $78M | 3.0% | -11.5% |
| Gross Margin | 72.5% | 73.7% | 81.1% | -1.2pp | -8.6pp |
| Net Margin | 28.8% | 28.3% | 34.5% | 0.6pp | -5.6pp |
| EPS (Diluted) | $0.36 | $0.35 | $0.40 | 2.9% | -10.0% |
| Free Cash Flow | $24M | $77M | $90M | -68.5% | -72.9% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $19M |
| Operating Expenses | $57M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $69M |
| Interest Income | $159M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $863.0K |
| EBIT | $69M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $19M |
| Operating Expenses | $57M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $69M |
| Interest Income | $159M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $863.0K |
| EBIT | $69M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $863.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $143M |
| Other Investing Activities | $96M |
| NET CASH FROM INVESTING | $203M |
| Net Debt Issuance | -$195M |
| Common Stock Repurchased | -$21.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$111M |
| NET CASH FROM FINANCING | -$334M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $852M |
| Short-Term Investments | $2.7B |
| Net Receivables | $300M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $43M |
| Goodwill | $766M |
| Intangible Assets | $12M |
| Long-Term Investments | $11.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $474M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $34M |
| Short-Term Debt | $269M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.8B |
| TOTAL CURRENT LIABILITIES | $12.1B |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $14.0B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$334M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $769M |
| Net Debt | -$83M |
