| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $6M | — | -12.9% |
| Op. Income | $754.1K | — | $297.2K | — | 153.8% |
| Gross Margin | 19.5% | — | 7.3% | — | 12.1pp |
| Net Margin | 10.7% | — | 4.8% | — | 5.9pp |
| EPS (Diluted) | $0.04 | — | $0.02 | — | 78.7% |
| Free Cash Flow | -$477.3K | — | $773.5K | — | -161.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $313.6K |
| Other Expenses | $0 |
| Operating Expenses | $313.6K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $754.1K |
| Interest Income | $19.2K |
| Interest Expense | $1.1K |
| Other Income/Expenses | -$74.8K |
| INCOME BEFORE TAX | $679.3K |
| Income Tax Expense | $91.6K |
| Net Income from Continuing Ops | $587.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $587.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587.7K |
| D&A | $16.7K |
| EBIT | $680.3K |
| EBITDA | $697.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $313.6K |
| Other Expenses | $0 |
| Operating Expenses | $313.6K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $754.1K |
| Interest Income | $19.2K |
| Interest Expense | $1.1K |
| Other Income/Expenses | -$74.8K |
| INCOME BEFORE TAX | $679.3K |
| Income Tax Expense | $91.6K |
| Net Income from Continuing Ops | $587.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $587.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $587.7K |
| D&A | $16.7K |
| EBIT | $680.3K |
| EBITDA | $697.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $587.7K |
| Depreciation & Amortization | $16.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15.7K |
| Change in Working Capital | -$756.4K |
| OPERATING CASH FLOW | -$167.8K |
| Capital Expenditure | -$309.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$309.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$477.3K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $300.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $118.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $774.9K |
| TOTAL NON-CURRENT ASSETS | $901.6K |
| TOTAL ASSETS | $6M |
| Account Payables | $520.6K |
| Short-Term Debt | $26.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$26.6K |
| 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 | $59.7K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $14.6K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$13.1K |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $127.0K |
| Net Debt | -$2M |
