| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $24M | $26M | -1.5% | -7.0% |
| Op. Income | $2M | $1M | $213.0K | 71.3% | 1038.5% |
| Gross Margin | 70.6% | 71.7% | 73.6% | -1.1pp | -3.0pp |
| Net Margin | 9.2% | 10.7% | -0.4% | -1.6pp | 9.6pp |
| EPS (Diluted) | $0.07 | $0.08 | $-0.00 | -15.1% | 2243.7% |
| Free Cash Flow | $8M | $8M | $7M | -6.3% | 4.8% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $2M |
| Interest Income | $982.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $285.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $525.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $399.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $2M |
| Interest Income | $982.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $285.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $525.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $399.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $399.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$206.0K |
| Other Non-Cash Items | $453.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$103.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$103.0K |
| Net Debt Issuance | $44.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $826.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $3M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $125M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $896.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $404M |
| Retained Earnings | -$327M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$20.0K |
| TOTAL STOCKHOLDERS' EQUITY | $67M |
| Minority Interest | $0 |
| TOTAL EQUITY | $67M |
| TOTAL LIABILITIES & EQUITY | $125M |
| Total Debt | $2M |
| Net Debt | -$85M |
