| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $63M | $62M | 4.8% | 6.7% |
| Op. Income | $14M | $13M | $18M | 5.2% | -19.6% |
| Gross Margin | 61.0% | 63.9% | 70.7% | -2.8pp | -9.6pp |
| Net Margin | 17.7% | 17.7% | 24.0% | 0.0pp | -6.3pp |
| EPS (Diluted) | $0.31 | $0.30 | $0.40 | 3.3% | -22.5% |
| Free Cash Flow | $14M | $12M | $16M | 12.7% | -14.1% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $445.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $11M |
| Operating Expenses | $26M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $14M |
| Interest Income | $57M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $445.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $11M |
| Operating Expenses | $26M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $14M |
| Interest Income | $57M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $626.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$49.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20.0K |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $45M |
| Goodwill | $167M |
| Intangible Assets | $22M |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $385M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $406M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $365M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $247M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$191M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $495M |
| Net Debt | $471M |
