| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $107M | $97M | -0.6% | 10.3% |
| Op. Income | $20M | $22M | $29M | -5.9% | -29.9% |
| Gross Margin | 52.2% | 54.2% | 63.5% | -2.0pp | -11.3pp |
| Net Margin | 13.5% | 14.1% | 21.3% | -0.6pp | -7.8pp |
| EPS (Diluted) | $0.48 | $0.50 | $0.67 | -4.0% | -28.4% |
| Free Cash Flow | $1M | $29M | $33M | -95.6% | -96.1% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $669.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $14M |
| Operating Expenses | $35M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $20M |
| Interest Income | $98M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $669.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $14M |
| Operating Expenses | $35M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $20M |
| Interest Income | $98M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $960.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$769.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | $240.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $313M |
| Short-Term Investments | $878M |
| Net Receivables | $582M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $22M |
| Goodwill | $11M |
| Intangible Assets | $17.0K |
| Long-Term Investments | $5.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $177M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $48M |
| Short-Term Debt | $230M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.3B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $193M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $272M |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | $333M |
| Treasury Stock | -$137M |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $707M |
| Minority Interest | $0 |
| TOTAL EQUITY | $707M |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $423M |
| Net Debt | $110M |
