| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $75M | $76M | 5.8% | 4.4% |
| Op. Income | $42M | $42M | $43M | 0.7% | -2.5% |
| Gross Margin | 91.4% | 91.1% | 92.5% | 0.3pp | -1.1pp |
| Net Margin | 52.6% | 52.3% | 54.0% | 0.4pp | -1.3pp |
| EPS (Diluted) | $1.44 | $1.36 | $1.44 | 5.9% | 0.0% |
| Free Cash Flow | $64M | $72M | $62M | -10.3% | 4.0% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $21M |
| Operating Expenses | $31M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $42M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$354.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $46M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $21M |
| Operating Expenses | $31M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $42M |
| Interest Income | $4M |
| Interest Expense | $4M |
| Other Income/Expenses | -$354.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $17M |
| EBIT | $46M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$52M |
| Other Financing Activities | -$139.0K |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $40M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $297M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $307M |
| TOTAL LIABILITIES | $437M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$182M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $297M |
| Net Debt | $176M |
