| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $221M | $192M | 4.5% | 19.8% |
| Op. Income | $36M | $22M | $19M | 63.1% | 90.0% |
| Gross Margin | 48.4% | 46.2% | 48.9% | 2.2pp | -0.4pp |
| Net Margin | 11.7% | 12.5% | 9.1% | -0.8pp | 2.6pp |
| EPS (Diluted) | $0.59 | $0.60 | $0.39 | -1.7% | 51.3% |
| Free Cash Flow | $67M | $69M | $130M | -3.7% | -48.7% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $49M |
| SG&A Expenses | $52M |
| Other Expenses | $24M |
| Operating Expenses | $76M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $36M |
| Interest Income | $198M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $49M |
| SG&A Expenses | $52M |
| Other Expenses | $24M |
| Operating Expenses | $76M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $36M |
| Interest Income | $198M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$339M |
| NET CASH FROM INVESTING | -$386M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $324M |
| NET CASH FROM FINANCING | $320M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $616M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $268M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $436M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.7B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $200M |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $356M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $695M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $961M |
| Minority Interest | $0 |
| TOTAL EQUITY | $961M |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $118M |
| Net Debt | -$498M |
