| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $172M | $172M | -96.7% | -96.7% |
| Op. Income | $347.7K | $11M | $16M | -97.0% | -97.8% |
| Gross Margin | 14.0% | 14.2% | 17.3% | -0.2pp | -3.2pp |
| Net Margin | 7.8% | 8.1% | 11.5% | -0.3pp | -3.8pp |
| EPS (Diluted) | $0.39 | $0.38 | $0.54 | 3.3% | -27.9% |
| Free Cash Flow | -$44.6K | $12M | $33M | -100.4% | -100.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $798.2K |
| R&D Expenses | $294.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $155.6K |
| Other Expenses | $0 |
| Operating Expenses | $450.5K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $347.7K |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $143.2K |
| INCOME BEFORE TAX | $490.9K |
| Income Tax Expense | $49.8K |
| Net Income from Continuing Ops | $441.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $441.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $441.1K |
| D&A | $1M |
| EBIT | $553.3K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $798.2K |
| R&D Expenses | $294.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $155.6K |
| Other Expenses | $0 |
| Operating Expenses | $450.5K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $347.7K |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $143.2K |
| INCOME BEFORE TAX | $490.9K |
| Income Tax Expense | $49.8K |
| Net Income from Continuing Ops | $441.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $441.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $441.1K |
| D&A | $1M |
| EBIT | $553.3K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $441.1K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$431.5K |
| Change in Working Capital | -$505.2K |
| OPERATING CASH FLOW | $664.0K |
| Capital Expenditure | -$708.6K |
| Acquisitions (Net) | $14.6K |
| Purchases of Investments | -$60.9K |
| Sales/Maturities of Investments | $60.2K |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$441.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$76.3K |
| NET CASH FROM FINANCING | -$517.4K |
| FREE CASH FLOW | -$44.6K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $464M |
| Short-Term Investments | $4M |
| Net Receivables | $236M |
| Inventory | $89M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $795M |
| PP&E (Net) | $617M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $5M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $644M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $27M |
| Short-Term Debt | $102M |
| Deferred Revenue | $48M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $352M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $392M |
| TOTAL LIABILITIES | $662M |
| Common Stock | $230M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $104M |
| Other Equity | $191M |
| TOTAL STOCKHOLDERS' EQUITY | $776M |
| Minority Interest | $0 |
| TOTAL EQUITY | $776M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $481M |
| Net Debt | $17M |
