| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $30M | — | -5.0% | — |
| Op. Income | -$3M | $843.0K | — | -428.1% | — |
| Gross Margin | 17.6% | 51.3% | — | -33.8pp | — |
| Net Margin | -7.9% | 1.3% | — | -9.3pp | — |
| EPS (Diluted) | $-0.25 | $0.04 | — | -663.1% | — |
| Free Cash Flow | $8M | -$5M | — | 265.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $377.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$2M |
| Operating Expenses | $8M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$3M |
| Interest Income | $28M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$547.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $364.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $364.0K |
| Stock-Based Compensation | $405.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$761.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | $113.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | -$69M |
| Common Stock Repurchased | -$18.0K |
| Common Dividends Paid | -$666.0K |
| Other Financing Activities | $41M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $307M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $399M |
| PP&E (Net) | $11M |
| Goodwill | $1M |
| Intangible Assets | $4M |
| Long-Term Investments | $1.7B |
| Tax Assets | $12M |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $303M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $346M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | $107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $303M |
| Net Debt | $219M |
