| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $29M | $22M | 8.2% | 38.9% |
| Op. Income | $944.0K | $2M | $6M | -57.6% | -83.5% |
| Gross Margin | 60.5% | 61.7% | 79.6% | -1.2pp | -19.2pp |
| Net Margin | 3.0% | 6.7% | 21.0% | -3.7pp | -18.0pp |
| EPS (Diluted) | $0.07 | $0.15 | $0.42 | -56.3% | -84.4% |
| Free Cash Flow | $53M | -$13M | $4M | 511.7% | 1218.7% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $210.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $944.0K |
| Interest Income | $27M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $944.0K |
| Income Tax Expense | $19.0K |
| Net Income from Continuing Ops | $925.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $925.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $919.0K |
| D&A | -$95.0K |
| EBIT | $944.0K |
| EBITDA | $849.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $210.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $944.0K |
| Interest Income | $27M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $944.0K |
| Income Tax Expense | $19.0K |
| Net Income from Continuing Ops | $925.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $925.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $919.0K |
| D&A | -$95.0K |
| EBIT | $944.0K |
| EBITDA | $849.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $919.0K |
| Depreciation & Amortization | -$95.0K |
| Stock-Based Compensation | $92.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $56M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $261M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $306M |
| PP&E (Net) | $47M |
| Goodwill | $94M |
| Intangible Assets | $12M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $162M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $183M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $187M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $137M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $245M |
| Minority Interest | $0 |
| TOTAL EQUITY | $245M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $168M |
| Net Debt | $134M |
