| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $24M | $23M | 3.4% | 11.1% |
| Op. Income | $4M | $4M | $6M | 12.4% | -26.2% |
| Gross Margin | 65.5% | 65.0% | 77.8% | 0.4pp | -12.4pp |
| Net Margin | 13.8% | 12.8% | 20.4% | 1.0pp | -6.6pp |
| EPS (Diluted) | $0.46 | $0.42 | $0.61 | 9.5% | -24.6% |
| Free Cash Flow | $5M | $3M | $7M | 95.4% | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $425.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $4M |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $612.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $519.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $425.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $4M |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $612.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $519.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $519.0K |
| Stock-Based Compensation | $81.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$411.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | -$943.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $506M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $528M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $48M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $74M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $126M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $202M |
| Minority Interest | $0 |
| TOTAL EQUITY | $202M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $119M |
| Net Debt | $96M |
