| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $28M | $23M | 3.9% | 24.1% |
| Op. Income | $6M | $7M | $9M | -14.3% | -26.1% |
| Gross Margin | 54.0% | 58.2% | 79.3% | -4.2pp | -25.3pp |
| Net Margin | 19.6% | 23.1% | 30.7% | -3.5pp | -11.1pp |
| EPS (Diluted) | $0.34 | $0.38 | $0.43 | -10.5% | -20.9% |
| Free Cash Flow | $2M | $6M | $5M | -68.3% | -65.3% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $102.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $26M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $663.0K |
| 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 | $220.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $102.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $26M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $663.0K |
| 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 | $220.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $220.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $687.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$170.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$629.0K |
| Other Financing Activities | -$86M |
| NET CASH FROM FINANCING | $39M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $308M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $82M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $203M |
| Treasury Stock | -$908.0K |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $179M |
| Net Debt | -$940.0K |
