| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $162M | $157M | -3.9% | -0.9% |
| Op. Income | $23M | $28M | $28M | -18.9% | -17.9% |
| Gross Margin | 70.5% | 72.9% | 71.7% | -2.4pp | -1.3pp |
| Net Margin | 5.3% | 10.3% | 9.7% | -5.1pp | -4.4pp |
| EPS (Diluted) | $0.54 | $1.16 | $1.06 | -53.4% | -49.1% |
| Free Cash Flow | $14M | $19M | $24M | -26.3% | -40.1% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $58.0K |
| Operating Expenses | $86M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $23M |
| Interest Income | $538.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $58.0K |
| Operating Expenses | $86M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $23M |
| Interest Income | $538.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $15M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$841.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$90M |
| Common Stock Repurchased | -$432.0K |
| Common Dividends Paid | -$752.0K |
| Other Financing Activities | -$432.0K |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $53M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $159M |
| Goodwill | $60M |
| Intangible Assets | $63M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $285M |
| TOTAL ASSETS | $391M |
| Account Payables | $45M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $69M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $117.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $391M |
| Total Debt | $209M |
| Net Debt | $180M |
