| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $138M | $170M | 1.9% | -17.4% |
| Op. Income | $8M | -$4M | $2M | 279.3% | 332.3% |
| Gross Margin | 77.5% | 77.1% | 65.8% | 0.4pp | 11.8pp |
| Net Margin | -2.4% | -11.8% | -0.5% | 9.4pp | -1.9pp |
| EPS (Diluted) | $-0.02 | $-0.09 | $-0.00 | 79.2% | -279.2% |
| Free Cash Flow | $19M | $8M | $23M | 124.5% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $109M |
| R&D Expenses | $19M |
| Selling & Marketing | $29M |
| General & Administrative | $33M |
| SG&A Expenses | $62M |
| Other Expenses | $20M |
| Operating Expenses | $101M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $703.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | -$824.0K |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $22M |
| EBIT | $8M |
| EBITDA | $30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $293.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $196M |
| PP&E (Net) | $8M |
| Goodwill | $919M |
| Intangible Assets | $305M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $11M |
| Short-Term Debt | $6M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $525M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $566M |
| TOTAL LIABILITIES | $683M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$640M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $784M |
| Minority Interest | $0 |
| TOTAL EQUITY | $784M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $530M |
| Net Debt | $443M |
