| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $104M | $96M | 10.2% | 19.0% |
| Op. Income | $27M | $28M | $16M | -3.2% | 63.3% |
| Gross Margin | 52.8% | 56.4% | 61.7% | -3.7pp | -8.9pp |
| Net Margin | 19.7% | 22.6% | 15.2% | -2.8pp | 4.5pp |
| EPS (Diluted) | $0.87 | $0.91 | $0.57 | -4.4% | 52.6% |
| Free Cash Flow | $19M | $23M | $8M | -20.1% | 138.4% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $16M |
| Operating Expenses | $33M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $27M |
| Interest Income | $94M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $16M |
| Operating Expenses | $33M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $27M |
| Interest Income | $94M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $995.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $960.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$145M |
| Common Stock Repurchased | -$83.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $145M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $993M |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $59M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $15M |
| Short-Term Debt | $55M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.8B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $127M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $714M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$170M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $655M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $655M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $55M |
| Net Debt | -$66M |
