| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $25M | $18M | 22.7% | 74.6% |
| Op. Income | $24M | $20M | $12M | 18.2% | 97.2% |
| Gross Margin | 81.4% | 79.9% | 72.1% | 1.4pp | 9.2pp |
| Net Margin | 76.9% | 79.8% | 68.1% | -2.9pp | 8.8pp |
| EPS (Diluted) | $1.09 | $0.92 | $0.65 | 18.5% | 67.7% |
| Free Cash Flow | -$19M | -$26M | -$47M | 27.0% | 59.2% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $24M |
| Interest Income | $24M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $0 |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $24M |
| Interest Income | $24M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $0 |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | -$706.0K |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$83.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $792M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $796M |
| TOTAL ASSETS | $812M |
| Account Payables | $4M |
| Short-Term Debt | $117M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $258M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $481M |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | -$57M |
| TOTAL STOCKHOLDERS' EQUITY | $432M |
| Minority Interest | $0 |
| TOTAL EQUITY | $432M |
| TOTAL LIABILITIES & EQUITY | $812M |
| Total Debt | $371M |
| Net Debt | $366M |
