| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $75M | $63M | 7.0% | 27.8% |
| Op. Income | $6M | $6M | $4M | 6.8% | 64.3% |
| Gross Margin | 33.2% | 33.5% | 33.8% | -0.3pp | -0.5pp |
| Net Margin | 7.2% | 6.9% | 6.2% | 0.3pp | 1.0pp |
| EPS (Diluted) | $0.67 | $0.59 | $0.44 | 13.6% | 52.3% |
| Free Cash Flow | $15M | $2M | -$11M | 735.7% | 238.5% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $609.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $21M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $6M |
| Interest Income | $71M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $218.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $609.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $21M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $6M |
| Interest Income | $71M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $218.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $458.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$556.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$530.0K |
| Other Financing Activities | $151.0K |
| NET CASH FROM FINANCING | -$379.0K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $397M |
| Short-Term Investments | $489M |
| Net Receivables | $947M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $73M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $680M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $694M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $185M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $372M |
| Minority Interest | $0 |
| TOTAL EQUITY | $372M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $680M |
| Net Debt | $283M |
