| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $16M | $14M | 4.2% | 20.0% |
| Op. Income | $1M | $832.0K | $2M | 27.8% | -44.9% |
| Gross Margin | 36.0% | 37.9% | 47.8% | -1.8pp | -11.8pp |
| Net Margin | 4.7% | 3.9% | 10.3% | 0.9pp | -5.5pp |
| EPS (Diluted) | $0.09 | $0.07 | $0.17 | 27.9% | -44.2% |
| Free Cash Flow | $1M | -$449.0K | $2M | 399.8% | -28.7% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $106.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $1M |
| Interest Income | $16M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $272.0K |
| Net Income from Continuing Ops | $791.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $791.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $791.0K |
| D&A | $76.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $106.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $1M |
| Interest Income | $16M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $272.0K |
| Net Income from Continuing Ops | $791.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $791.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $791.0K |
| D&A | $76.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $791.0K |
| Depreciation & Amortization | $76.0K |
| Stock-Based Compensation | $438.0K |
| Deferred Income Tax | -$179.0K |
| Other Non-Cash Items | -$346.0K |
| Change in Working Capital | $606.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$40.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$528.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$926.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $116M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $5M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $933M |
| TOTAL CURRENT LIABILITIES | $933M |
| Long-Term Debt | $224M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $237M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $87M |
| Retained Earnings | $85M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $556.0K |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $224M |
| Net Debt | $113M |
