| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $6M | 11.8% | 46.5% |
| Op. Income | -$1M | $767.5K | $613.2K | -241.3% | -276.9% |
| Gross Margin | 42.9% | 34.7% | 32.9% | 8.2pp | 10.0pp |
| Net Margin | 8.5% | 5.6% | 7.1% | 2.9pp | 1.4pp |
| EPS (Diluted) | $3.40 | $2.00 | $1.93 | 70.0% | 75.8% |
| Free Cash Flow | $637.7K | $430.0K | -$154.3K | 48.3% | 513.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $18.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $360.9K |
| Net Income from Continuing Ops | $746.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $746.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $746.6K |
| D&A | $862.7K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $746.6K |
| Depreciation & Amortization | $862.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$19.2K |
| Other Non-Cash Items | $6.2K |
| Change in Working Capital | -$822.5K |
| OPERATING CASH FLOW | $773.8K |
| Capital Expenditure | -$136.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$136.2K |
| Net Debt Issuance | $133.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$342.1K |
| NET CASH FROM FINANCING | -$208.7K |
| FREE CASH FLOW | $637.7K |
| Net Change in Cash | $428.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $21.5K |
| Other Non-Current Assets | $679.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $22M |
| Account Payables | $505.4K |
| Short-Term Debt | $994.2K |
| Deferred Revenue | $20.0K |
| Other Current Liabilities | $49.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $270.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $13M |
| Net Debt | $12M |
