| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $119M | $97M | 2.1% | 25.9% |
| Op. Income | $24M | $24M | $25M | -1.7% | -3.9% |
| Gross Margin | 54.3% | 55.5% | 59.2% | -1.2pp | -4.9pp |
| Net Margin | 13.8% | 13.6% | 16.1% | 0.2pp | -2.3pp |
| EPS (Diluted) | $1.50 | $1.46 | $1.37 | 2.7% | 9.5% |
| Free Cash Flow | $35M | $25M | $6M | 38.6% | 499.5% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $21M |
| Operating Expenses | $42M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $24M |
| Interest Income | $116M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | -$3M |
| EBIT | $24M |
| EBITDA | $21M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $21M |
| Operating Expenses | $42M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $24M |
| Interest Income | $116M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | -$3M |
| EBIT | $24M |
| EBITDA | $21M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | -$3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$753.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$110M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | -$21.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$68M |
| NET CASH FROM FINANCING | -$218M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$290M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $505M |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $840M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $169M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.2B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $258M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $404M |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $112.0K |
| Additional Paid-In Capital | $396M |
| Retained Earnings | $349M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $692M |
| Minority Interest | $0 |
| TOTAL EQUITY | $692M |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $258M |
| Net Debt | $13M |
