| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $100M | $151M | 16.6% | -22.6% |
| Op. Income | $20M | $32M | $21M | -36.6% | -0.7% |
| Gross Margin | 26.7% | 68.0% | 21.6% | -41.2pp | 5.1pp |
| Net Margin | 24.1% | 7.7% | 4.5% | 16.4pp | 19.6pp |
| EPS (Diluted) | $0.27 | $0.07 | $0.06 | 267.3% | 350.0% |
| Free Cash Flow | -$33M | $5M | $8M | -731.4% | -490.5% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | -$132.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $33M |
| EBIT | $21M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | -$132.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $33M |
| EBIT | $21M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $985.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | -$438.0K |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $412.0K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$458.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $7M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $635M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $723M |
| TOTAL ASSETS | $917M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $48M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $164M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $112M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $260M |
| TOTAL LIABILITIES | $424M |
| Common Stock | $12M |
| Additional Paid-In Capital | $360M |
| Retained Earnings | $200M |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | -$642.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $494M |
| Minority Interest | $0 |
| TOTAL EQUITY | $494M |
| TOTAL LIABILITIES & EQUITY | $917M |
| Total Debt | $87M |
| Net Debt | $24M |
