| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $42M | $37M | 6.5% | 19.3% |
| Op. Income | $7M | $7M | $8M | 5.6% | -5.0% |
| Gross Margin | 54.3% | 57.1% | 64.5% | -2.7pp | -10.2pp |
| Net Margin | 12.7% | 12.8% | 16.0% | -0.1pp | -3.3pp |
| EPS (Diluted) | $0.42 | $0.39 | $0.44 | 7.7% | -4.5% |
| Free Cash Flow | $9M | $1M | $402.0K | 624.1% | 2176.6% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $519.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $7M |
| Interest Income | $41M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $519.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $7M |
| Interest Income | $41M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $506.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $827.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$566.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$239.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $365M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $561M |
| PP&E (Net) | $35M |
| Goodwill | $86M |
| Intangible Assets | $6M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $329M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $136M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $226M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $323M |
| Minority Interest | $0 |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $328M |
| Net Debt | $133M |
