| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $48M | $44M | 3.2% | 13.1% |
| Op. Income | $10M | $11M | $12M | -11.9% | -18.0% |
| Gross Margin | 65.1% | 67.8% | 76.0% | -2.7pp | -11.0pp |
| Net Margin | 16.5% | 19.3% | 22.5% | -2.8pp | -6.0pp |
| EPS (Diluted) | $1.01 | $1.14 | $1.21 | -11.4% | -16.5% |
| Free Cash Flow | $13M | $9M | $7M | 47.2% | 82.1% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $485.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $10M |
| Interest Income | $45M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $869.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $485.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $10M |
| Interest Income | $45M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $869.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $869.0K |
| Stock-Based Compensation | $640.0K |
| Deferred Income Tax | $84.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $238.0K |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $412M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $526M |
| PP&E (Net) | $43M |
| Goodwill | $0 |
| Intangible Assets | $86M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $0 |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $233M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $267M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $81.0K |
| Additional Paid-In Capital | $166M |
| Retained Earnings | $245M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $376M |
| Minority Interest | $0 |
| TOTAL EQUITY | $376M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $278M |
| Net Debt | $165M |
