| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | — | $20M | — | -31.1% |
| Op. Income | $4M | — | $10M | — | -66.2% |
| Gross Margin | 52.0% | — | 72.1% | — | -20.1pp |
| Net Margin | 18.4% | — | 37.0% | — | -18.6pp |
| EPS (Diluted) | $4.12 | — | $12.42 | — | -66.8% |
| Free Cash Flow | -$924.9K | — | $6M | — | -115.7% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $4M |
| Interest Income | $2.6K |
| Interest Expense | $3.5K |
| Other Income/Expenses | $471.6K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $4M |
| EBITDA | $6M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $4M |
| Interest Income | $2.6K |
| Interest Expense | $3.5K |
| Other Income/Expenses | $471.6K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $4M |
| EBITDA | $6M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$226.1K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$911.6K |
| Capital Expenditure | -$13.2K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $54.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$127.2K |
| NET CASH FROM FINANCING | -$72.5K |
| FREE CASH FLOW | -$924.9K |
| Net Change in Cash | -$116.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129.4K |
| Short-Term Investments | $0 |
| Net Receivables | $55.6K |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $40M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $83M |
| Account Payables | $670.4K |
| Short-Term Debt | $1M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $720.4K |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $5.2K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $0 |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $10M |
| Net Debt | $10M |
