| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $3M | $4M | 48.1% | 16.2% |
| Op. Income | $865.0K | -$1M | $258.0K | 160.4% | 235.3% |
| Gross Margin | 72.9% | 36.8% | 66.1% | 36.1pp | 6.8pp |
| Net Margin | 13.5% | -33.3% | 4.7% | 46.8pp | 8.8pp |
| EPS (Diluted) | $0.12 | $-0.20 | $0.04 | 160.0% | 227.0% |
| Free Cash Flow | -$501.0K | -$1M | $34.0K | 55.0% | -1573.5% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $48.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $865.0K |
| Interest Income | $5M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $865.0K |
| Income Tax Expense | $182.0K |
| Net Income from Continuing Ops | $683.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $683.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $683.0K |
| D&A | $188.0K |
| EBIT | $865.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $48.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $865.0K |
| Interest Income | $5M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $865.0K |
| Income Tax Expense | $182.0K |
| Net Income from Continuing Ops | $683.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $683.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $683.0K |
| D&A | $188.0K |
| EBIT | $865.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $683.0K |
| Depreciation & Amortization | $188.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$49.0K |
| OPERATING CASH FLOW | -$385.0K |
| Capital Expenditure | -$116.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$990.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$501.0K |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $72M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $368M |
| Tax Assets | $2M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $396M |
| TOTAL ASSETS | $516M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $429M |
| TOTAL CURRENT LIABILITIES | $429M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $438M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $516M |
| Total Debt | $0 |
| Net Debt | -$46M |
