| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $118M | $91M | 0.9% | 30.2% |
| Op. Income | -$838.0K | $4M | $5M | -123.7% | -116.9% |
| Gross Margin | 29.9% | 30.9% | 34.7% | -1.0pp | -4.8pp |
| Net Margin | -2.8% | -0.6% | 1.7% | -2.2pp | -4.5pp |
| EPS (Diluted) | $-1.04 | $-0.22 | $0.49 | -372.7% | -312.2% |
| Free Cash Flow | -$7M | $6M | $6M | -220.0% | -218.3% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $30M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$838.0K |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$1M |
| 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 | $5M |
| EBIT | -$331.0K |
| EBITDA | $5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$298.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $46M |
| Inventory | $131M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $185M |
| PP&E (Net) | $143M |
| Goodwill | $77M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $248M |
| TOTAL ASSETS | $434M |
| Account Payables | $26M |
| Short-Term Debt | $33M |
| Deferred Revenue | $322.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $126M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $232M |
| TOTAL LIABILITIES | $338M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $35M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $434M |
| Total Debt | $262M |
| Net Debt | $257M |
