| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $36M | $39M | -0.5% | -7.0% |
| Op. Income | $2M | $2M | -$29.0K | 1.7% | 7006.9% |
| Gross Margin | 85.5% | 86.5% | 87.1% | -1.0pp | -1.7pp |
| Net Margin | 2.6% | -4.2% | -0.3% | 6.8pp | 3.0pp |
| EPS (Diluted) | $0.02 | $-0.03 | $-0.00 | 161.1% | 820.7% |
| Free Cash Flow | $6M | -$2M | $4M | 337.5% | 52.0% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $31M |
| R&D Expenses | $5M |
| Selling & Marketing | $12M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $5M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $845.0K |
| Other Income/Expenses | -$677.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $383.0K |
| Net Income from Continuing Ops | $943.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $943.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $943.0K |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $31M |
| R&D Expenses | $5M |
| Selling & Marketing | $12M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $5M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $845.0K |
| Other Income/Expenses | -$677.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $383.0K |
| Net Income from Continuing Ops | $943.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $943.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $943.0K |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $943.0K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$898.0K |
| Other Non-Cash Items | -$132.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $9M |
| 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 | -$6M |
| Common Stock Repurchased | -$22.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $145.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$285.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $30M |
| Goodwill | $128M |
| Intangible Assets | $24M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $224M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $559.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $810.0K |
| Additional Paid-In Capital | $266M |
| Retained Earnings | $32M |
| Treasury Stock | -$189M |
| Accum. Other Comp. Income | -$30.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $110M |
| Minority Interest | $0 |
| TOTAL EQUITY | $110M |
| TOTAL LIABILITIES & EQUITY | $224M |
| Total Debt | $46M |
| Net Debt | $43M |
