| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203M | $201M | $185M | 0.9% | 9.8% |
| Op. Income | -$2M | -$4M | -$3M | 39.5% | 22.2% |
| Gross Margin | 12.6% | 11.4% | 13.9% | 1.2pp | -1.3pp |
| Net Margin | -2.5% | -4.5% | -11.2% | 1.9pp | 8.6pp |
| EPS (Diluted) | $-0.15 | $-0.30 | $-0.71 | 50.0% | 78.9% |
| Free Cash Flow | $15M | $314.0K | $23M | 4564.0% | -36.1% |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $26M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $2M |
| Operating Expenses | $28M |
| Cost & Expenses | $205M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $942.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $8M |
| EBIT | -$2M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $65M |
| Inventory | $231M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $419M |
| PP&E (Net) | $124M |
| Goodwill | $335M |
| Intangible Assets | $53M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $529M |
| TOTAL ASSETS | $948M |
| Account Payables | $59M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $123M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $253M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $596M |
| Retained Earnings | $191M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $695M |
| Minority Interest | $0 |
| TOTAL EQUITY | $695M |
| TOTAL LIABILITIES & EQUITY | $948M |
| Total Debt | $166M |
| Net Debt | $52M |
