| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | -$2M | — | 2584.1% | — |
| Op. Income | $8M | -$7M | — | 216.6% | — |
| Gross Margin | 29.8% | 221.7% | — | -191.9pp | — |
| Net Margin | 7.4% | -673.5% | — | 680.9pp | — |
| EPS (Diluted) | $0.14 | $0.50 | — | -72.0% | — |
| Free Cash Flow | $40M | $16M | — | 150.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $346.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $265.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $347.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $346.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $265.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $347.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $347.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$758.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $112M |
| Net Receivables | $412M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $654M |
| PP&E (Net) | $0 |
| Goodwill | $55M |
| Intangible Assets | $31M |
| Long-Term Investments | $973M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $1.3B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.1B |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $116M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $80M |
| Net Debt | -$7M |
