| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $112M | — | 4.9% | — |
| Op. Income | $21M | -$16M | — | 230.5% | — |
| Gross Margin | 46.6% | 33.6% | — | 13.0pp | — |
| Net Margin | 4.1% | 1.9% | — | 2.2pp | — |
| EPS (Diluted) | $0.01 | $-0.13 | — | 108.8% | — |
| Free Cash Flow | $13M | $20M | — | -36.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $96M |
| SG&A Expenses | $96M |
| Other Expenses | -$62M |
| Operating Expenses | $34M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $644.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $96M |
| SG&A Expenses | $96M |
| Other Expenses | -$62M |
| Operating Expenses | $34M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $644.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $644.0K |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $125M |
| PP&E (Net) | $60M |
| Goodwill | $29M |
| Intangible Assets | $2M |
| Long-Term Investments | $251M |
| Tax Assets | $55M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $419M |
| TOTAL ASSETS | $544M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $432M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $553M |
| TOTAL LIABILITIES | $638M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $5M |
| Retained Earnings | -$36M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$28M |
| Minority Interest | -$65M |
| TOTAL EQUITY | -$94M |
| TOTAL LIABILITIES & EQUITY | $544M |
| Total Debt | $482M |
| Net Debt | $408M |
