| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $84M | $78M | -37.9% | -33.5% |
| Op. Income | $27M | $23M | $27M | 14.7% | -1.1% |
| Gross Margin | 49.7% | 71.3% | 79.8% | -21.5pp | -30.1pp |
| Net Margin | 39.3% | 22.6% | 28.2% | 16.7pp | 11.1pp |
| EPS (Diluted) | $0.69 | $0.64 | $0.75 | 7.8% | -8.0% |
| Free Cash Flow | $17M | $23M | $19M | -24.7% | -11.4% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $909.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | -$23M |
| Operating Expenses | -$649.0K |
| Cost & Expenses | $26M |
| OPERATING INCOME | $27M |
| Interest Income | $72M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $909.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | -$23M |
| Operating Expenses | -$649.0K |
| Cost & Expenses | $26M |
| OPERATING INCOME | $27M |
| Interest Income | $72M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $914.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$96.0K |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $40M |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $273M |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | $126M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $94M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $206M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $1.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $106M |
| Goodwill | $179M |
| Intangible Assets | $5M |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $473M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $0 |
| Short-Term Debt | $39M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $128M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $30M |
| Additional Paid-In Capital | $391M |
| Retained Earnings | $485M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$218M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $688M |
| Minority Interest | $0 |
| TOTAL EQUITY | $688M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $167M |
| Net Debt | $96M |
