| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $138M | $166M | 1.4% | -15.5% |
| Op. Income | $14M | $11M | $27M | 27.9% | -47.6% |
| Gross Margin | 19.6% | 16.1% | 21.7% | 3.5pp | -2.2pp |
| Net Margin | 6.8% | 4.1% | 15.1% | 2.8pp | -8.3pp |
| EPS (Diluted) | $0.13 | $0.08 | $0.33 | 68.4% | -60.6% |
| Free Cash Flow | $27M | $6M | $30M | 357.4% | -10.9% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $19M |
| EBIT | $19M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $19M |
| EBIT | $19M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | $29.0K |
| NET CASH FROM INVESTING | $121M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$970.0K |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $65M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $332M |
| PP&E (Net) | $856M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | -$73M |
| Tax Assets | $71M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $857M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $61M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $480M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $523.0K |
| TOTAL NON-CURRENT LIABILITIES | $569M |
| TOTAL LIABILITIES | $666M |
| Common Stock | $9M |
| Additional Paid-In Capital | $501M |
| Retained Earnings | $242M |
| Treasury Stock | -$230M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $523M |
| Minority Interest | $0 |
| TOTAL EQUITY | $523M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $516M |
| Net Debt | $300M |
