| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $961.9K | — | $255.2K | — | 277.0% |
| Op. Income | $43.2K | — | $70.5K | — | -38.7% |
| Gross Margin | 12.6% | — | 57.3% | — | -44.7pp |
| Net Margin | 3.6% | — | 22.0% | — | -18.4pp |
| EPS (Diluted) | $0.02 | — | $0.03 | — | -37.5% |
| Free Cash Flow | $38.7K | — | $131.5K | — | -70.6% |
| Item | Amount |
|---|---|
| REVENUE | $961.9K |
| Cost of Revenue | $483.6K |
| GROSS PROFIT | $121.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $3.2K |
| General & Administrative | $0 |
| SG&A Expenses | $78.2K |
| Other Expenses | $231.1K |
| Operating Expenses | $309.2K |
| Cost & Expenses | $792.8K |
| OPERATING INCOME | $43.2K |
| Interest Income | $2.3K |
| Interest Expense | $312 |
| Other Income/Expenses | $8.4K |
| INCOME BEFORE TAX | $177.6K |
| Income Tax Expense | $10.6K |
| Net Income from Continuing Ops | $34.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34.8K |
| D&A | $915 |
| EBIT | $45.7K |
| EBITDA | $46.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $961.9K |
| Cost of Revenue | $483.6K |
| GROSS PROFIT | $121.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $3.2K |
| General & Administrative | $0 |
| SG&A Expenses | $78.2K |
| Other Expenses | $231.1K |
| Operating Expenses | $309.2K |
| Cost & Expenses | $792.8K |
| OPERATING INCOME | $43.2K |
| Interest Income | $2.3K |
| Interest Expense | $312 |
| Other Income/Expenses | $8.4K |
| INCOME BEFORE TAX | $177.6K |
| Income Tax Expense | $10.6K |
| Net Income from Continuing Ops | $34.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34.8K |
| D&A | $915 |
| EBIT | $45.7K |
| EBITDA | $46.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34.8K |
| Depreciation & Amortization | $915 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8.9K |
| Change in Working Capital | -$4.9K |
| OPERATING CASH FLOW | $39.6K |
| Capital Expenditure | -$972 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$973 |
| Net Debt Issuance | -$32.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$135.8K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$183.5K |
| FREE CASH FLOW | $38.7K |
| Net Change in Cash | -$143.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $947.3K |
| Short-Term Investments | $0 |
| Net Receivables | $562.6K |
| Inventory | $0 |
| Other Current Assets | $149.2K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $84.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $747.4K |
| TOTAL NON-CURRENT ASSETS | $832.3K |
| TOTAL ASSETS | $3M |
| Account Payables | $7.1K |
| Short-Term Debt | $882 |
| Deferred Revenue | $600.7K |
| Other Current Liabilities | -$882 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $9.9K |
| Additional Paid-In Capital | $5.1K |
| Retained Earnings | $383.1K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6.2K |
| Other Equity | -$9.9K |
| TOTAL STOCKHOLDERS' EQUITY | $394.4K |
| Minority Interest | $0 |
| TOTAL EQUITY | $394.4K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $53.8K |
| Net Debt | -$893.5K |
