Reported December 30, 2024
| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $3M | 100.0% | 5.3% |
| Op. Income | $1M | $632.8K | $816.0K | 96.7% | 52.5% |
| Gross Margin | 50.9% | 51.1% | 35.9% | -0.2pp | 15.0pp |
| Net Margin | 34.2% | 34.2% | 23.0% | -0.0pp | 11.2pp |
| EPS (Diluted) | $2.38 | $1.34 | $1.52 | 77.6% | 56.3% |
| Free Cash Flow | $0 | $194.7K | $204.5K | -100.0% | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $149.8K |
| Selling & Marketing | $5.7K |
| General & Administrative | $94.0K |
| SG&A Expenses | $199.5K |
| Other Expenses | $0 |
| Operating Expenses | $349.3K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $22.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $197.8K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2.5K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $149.8K |
| Selling & Marketing | $5.7K |
| General & Administrative | $94.0K |
| SG&A Expenses | $199.5K |
| Other Expenses | $0 |
| Operating Expenses | $349.3K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $22.7K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $197.8K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2.5K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $65.6K |
| Other Non-Cash Items | $62.1K |
| Change in Working Capital | -$873.1K |
| OPERATING CASH FLOW | $326.4K |
| Capital Expenditure | -$326.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$256.7K |
| Common Stock Repurchased | -$35.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$292.6K |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $19.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71.6K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $7.7K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $8.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $39.9K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $5M |
| Account Payables | $800.0K |
| Short-Term Debt | $63.0K |
| Deferred Revenue | $1.6K |
| Other Current Liabilities | $398.7K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $85.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $85.6K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$85.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $148.6K |
| Net Debt | $77.0K |