| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $94M | $89M | 1.2% | 5.9% |
| Op. Income | -$2M | -$4M | -$4M | 44.6% | 42.5% |
| Gross Margin | 83.1% | 83.5% | 82.5% | -0.4pp | 0.6pp |
| Net Margin | 3.5% | 0.8% | 0.3% | 2.6pp | 3.2pp |
| EPS (Diluted) | $0.08 | $0.02 | $0.01 | 323.6% | 1305.0% |
| Free Cash Flow | $20M | $21M | $18M | -2.3% | 13.8% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $79M |
| R&D Expenses | $22M |
| Selling & Marketing | $41M |
| General & Administrative | $18M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $97M |
| OPERATING INCOME | -$2M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$698.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$303.4K |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $251.9K |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $439.2K |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $298M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $157M |
| TOTAL CURRENT ASSETS | $674M |
| PP&E (Net) | $11M |
| Goodwill | $82M |
| Intangible Assets | $14M |
| Long-Term Investments | $217M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $325M |
| TOTAL ASSETS | $999M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $457M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $465M |
| TOTAL LIABILITIES | $677M |
| Common Stock | $682M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$357M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $322M |
| Minority Interest | $0 |
| TOTAL EQUITY | $322M |
| TOTAL LIABILITIES & EQUITY | $999M |
| Total Debt | $463M |
| Net Debt | $274M |
