| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | -2.1% | 5.7% |
| Op. Income | $242.9K | $287.7K | $392.9K | -15.6% | -38.2% |
| Gross Margin | 69.7% | 66.5% | 77.2% | 3.2pp | -7.5pp |
| Net Margin | 10.6% | 3.3% | 12.4% | 7.3pp | -1.8pp |
| EPS (Diluted) | $0.18 | $0.05 | $0.19 | 227.9% | -5.3% |
| Free Cash Flow | $277.3K | -$1M | -$518.1K | 121.7% | 153.5% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $781.5K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $24.7K |
| General & Administrative | $760.7K |
| SG&A Expenses | $785.4K |
| Other Expenses | $769.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $242.9K |
| Interest Income | $2M |
| Interest Expense | $916.5K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $242.9K |
| Income Tax Expense | -$29.2K |
| Net Income from Continuing Ops | $272.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $272.1K |
| D&A | $48.0K |
| EBIT | $242.9K |
| EBITDA | $291.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $781.5K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $24.7K |
| General & Administrative | $760.7K |
| SG&A Expenses | $785.4K |
| Other Expenses | $769.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $242.9K |
| Interest Income | $2M |
| Interest Expense | $916.5K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $242.9K |
| Income Tax Expense | -$29.2K |
| Net Income from Continuing Ops | $272.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $272.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $272.1K |
| D&A | $48.0K |
| EBIT | $242.9K |
| EBITDA | $291.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $272.1K |
| Depreciation & Amortization | $48.0K |
| Stock-Based Compensation | $42.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$185.0K |
| Change in Working Capital | $445.5K |
| OPERATING CASH FLOW | $622.9K |
| Capital Expenditure | -$345.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $277.3K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $8M |
| Net Receivables | $642.4K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $195M |
| Tax Assets | $312.9K |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $218M |
| TOTAL ASSETS | $234M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $21.1K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$816.6K |
| Other Equity | -$769.1K |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $234M |
| Total Debt | $20M |
| Net Debt | $12M |
