| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $3M | 4.3% | 24.2% |
| Op. Income | -$455.0K | -$244.0K | $487.0K | -86.5% | -193.4% |
| Gross Margin | 42.6% | 45.6% | 78.7% | -3.0pp | -36.0pp |
| Net Margin | -9.1% | -4.6% | 11.7% | -4.5pp | -20.8pp |
| EPS (Diluted) | $-0.04 | $-0.02 | $0.04 | -123.0% | -211.5% |
| Free Cash Flow | -$546.0K | -$591.0K | $320.0K | 7.6% | -270.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $49.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $755.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$455.0K |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$455.0K |
| Income Tax Expense | -$94.0K |
| Net Income from Continuing Ops | -$361.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$361.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$361.0K |
| D&A | $60.0K |
| EBIT | -$455.0K |
| EBITDA | -$395.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$361.0K |
| Depreciation & Amortization | $60.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$101.0K |
| Other Non-Cash Items | -$4.0K |
| Change in Working Capital | -$116.0K |
| OPERATING CASH FLOW | -$522.0K |
| Capital Expenditure | -$24.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $648.0K |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$336.0K |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$546.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $11M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $4M |
| Goodwill | $947.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $326M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $340M |
| TOTAL ASSETS | $366M |
| Account Payables | $167.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $244M |
| TOTAL CURRENT LIABILITIES | $245M |
| Long-Term Debt | $71M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $216.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $317M |
| Common Stock | $86.0K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $19M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$334.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $366M |
| Total Debt | $71M |
| Net Debt | $57M |
