| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $44M | $48M | 3.4% | -5.2% |
| Op. Income | $1M | $4M | $4M | -67.3% | -67.5% |
| Gross Margin | 95.1% | 88.2% | 93.3% | 6.9pp | 1.8pp |
| Net Margin | 1.6% | 2.8% | 2.5% | -1.2pp | -1.0pp |
| EPS (Diluted) | $0.01 | $0.01 | $0.01 | -42.6% | -43.5% |
| Free Cash Flow | $10M | $3M | -$645.0K | 251.2% | 1658.4% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $44M |
| R&D Expenses | $10M |
| Selling & Marketing | $11M |
| General & Administrative | $19M |
| SG&A Expenses | $30M |
| Other Expenses | $3M |
| Operating Expenses | $42M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $42.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $716.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $716.0K |
| D&A | $4M |
| EBIT | $1M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $44M |
| R&D Expenses | $10M |
| Selling & Marketing | $11M |
| General & Administrative | $19M |
| SG&A Expenses | $30M |
| Other Expenses | $3M |
| Operating Expenses | $42M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $42.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $716.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $716.0K |
| D&A | $4M |
| EBIT | $1M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $716.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $346.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$116.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $54M |
| PP&E (Net) | $39M |
| Goodwill | $68M |
| Intangible Assets | $2M |
| Long-Term Investments | $200.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $114M |
| TOTAL ASSETS | $168M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $85M |
| TOTAL EQUITY | $109M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $29M |
| Net Debt | -$12M |
