| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $71M | $77M | 14.5% | 5.8% |
| Op. Income | $16M | $7M | $20M | 132.9% | -19.5% |
| Gross Margin | 67.3% | 66.1% | 79.1% | 1.2pp | -11.8pp |
| Net Margin | 17.3% | 8.0% | 21.8% | 9.3pp | -4.5pp |
| EPS (Diluted) | $0.41 | $0.16 | $0.48 | 156.2% | -14.6% |
| Free Cash Flow | $6M | $12M | $23M | -50.3% | -74.3% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $244.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $14M |
| Operating Expenses | $39M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $16M |
| Interest Income | $77M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| 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 | $927.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $244.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $14M |
| Operating Expenses | $39M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $16M |
| Interest Income | $77M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| 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 | $927.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $927.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $198.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$823.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$123M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$76M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $931M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $73M |
| Goodwill | $241M |
| Intangible Assets | $4M |
| Long-Term Investments | $5.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $468M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $522M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $172M |
| TOTAL NON-CURRENT LIABILITIES | $694M |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $541M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $380M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $851M |
| Minority Interest | $0 |
| TOTAL EQUITY | $851M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $522M |
| Net Debt | $408M |
