| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $37M | $46M | 27.2% | 1.8% |
| Op. Income | $698.0K | -$7M | $9M | 110.1% | -92.0% |
| Gross Margin | 86.8% | 85.0% | 87.2% | 1.8pp | -0.4pp |
| Net Margin | 0.6% | -15.7% | 11.2% | 16.3pp | -10.6pp |
| EPS (Diluted) | $0.01 | $-0.13 | $0.11 | 104.5% | -94.6% |
| Free Cash Flow | $7M | -$10M | $6M | 167.8% | 8.2% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $41M |
| R&D Expenses | $10M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $26M |
| Other Expenses | $4M |
| Operating Expenses | $40M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $698.0K |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$415.0K |
| Income Tax Expense | -$697.0K |
| Net Income from Continuing Ops | $282.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282.0K |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $282.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$151.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$483.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $203.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$104.0K |
| NET CASH FROM FINANCING | $99.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $43M |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $202M |
| PP&E (Net) | $6M |
| Goodwill | $126M |
| Intangible Assets | $59M |
| Long-Term Investments | $6M |
| Tax Assets | $14M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $215M |
| TOTAL ASSETS | $417M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $201M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $216M |
| Minority Interest | $0 |
| TOTAL EQUITY | $216M |
| TOTAL LIABILITIES & EQUITY | $417M |
| Total Debt | $143M |
| Net Debt | $62M |
