| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $3M | — | -37.8% |
| Op. Income | -$371.9K | — | $507.7K | — | -173.2% |
| Gross Margin | 45.5% | — | 50.3% | — | -4.8pp |
| Net Margin | 6.6% | — | 21.1% | — | -14.5pp |
| EPS (Diluted) | $0.42 | — | $2.16 | — | -80.3% |
| Free Cash Flow | $719.4K | — | $60.3K | — | 1092.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $999.0K |
| GROSS PROFIT | $834.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $4.9K |
| General & Administrative | $657.7K |
| SG&A Expenses | $662.6K |
| Other Expenses | $543.9K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$371.9K |
| Interest Income | $556.0K |
| Interest Expense | $154.0K |
| Other Income/Expenses | $664.1K |
| INCOME BEFORE TAX | $292.2K |
| Income Tax Expense | $170.6K |
| Net Income from Continuing Ops | $121.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121.7K |
| D&A | $118.8K |
| EBIT | $446.3K |
| EBITDA | $565.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $121.7K |
| Depreciation & Amortization | $118.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $169.8K |
| Other Non-Cash Items | -$413.9K |
| Change in Working Capital | $733.0K |
| OPERATING CASH FLOW | $729.3K |
| Capital Expenditure | -$9.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $719.4K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $18M |
| Net Receivables | $11M |
| Inventory | $192.7K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $946.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $44M |
| Account Payables | $599.8K |
| Short-Term Debt | $3M |
| Deferred Revenue | $66.6K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $1.4K |
| Additional Paid-In Capital | $17M |
| Retained Earnings | $12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $3M |
| Net Debt | -$5M |
