| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $181M | $176M | $156M | 3.4% | 16.7% |
| Op. Income | $64M | $65M | $63M | -1.9% | 1.6% |
| Gross Margin | 69.0% | 71.5% | 75.1% | -2.5pp | -6.1pp |
| Net Margin | 28.9% | 30.4% | 32.7% | -1.5pp | -3.8pp |
| EPS (Diluted) | $0.37 | $0.37 | $0.36 | 0.0% | 2.8% |
| Free Cash Flow | $64M | $72M | $54M | -11.0% | 17.2% |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $741.0K |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $21M |
| Operating Expenses | $62M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $64M |
| Interest Income | $154M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $3M |
| EBIT | $64M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $741.0K |
| General & Administrative | $40M |
| SG&A Expenses | $40M |
| Other Expenses | $21M |
| Operating Expenses | $62M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $64M |
| Interest Income | $154M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $3M |
| EBIT | $64M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$612M |
| Sales/Maturities of Investments | $686M |
| Other Investing Activities | -$290M |
| NET CASH FROM INVESTING | -$222M |
| Net Debt Issuance | -$171M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $120M |
| NET CASH FROM FINANCING | -$78M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$231M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $367M |
| Short-Term Investments | $4.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $153M |
| Goodwill | $0 |
| Intangible Assets | $314M |
| Long-Term Investments | $7.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $313M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $13.2B |
| Account Payables | $0 |
| Short-Term Debt | $142M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.4B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $685M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$442M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $163M |
| Net Debt | -$204M |
