| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $33M | $32M | 2.8% | 8.5% |
| Op. Income | $3M | $4M | $9M | -30.9% | -66.8% |
| Gross Margin | 45.4% | 50.0% | 61.7% | -4.6pp | -16.3pp |
| Net Margin | 7.7% | 9.9% | 22.0% | -2.3pp | -14.4pp |
| EPS (Diluted) | $0.27 | $0.36 | $0.85 | -25.0% | -68.2% |
| Free Cash Flow | -$442.0K | $2M | $6M | -122.1% | -107.4% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $566.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $3M |
| Interest Income | $33M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $238.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $566.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $13M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $3M |
| Interest Income | $33M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $238.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $690.0K |
| Deferred Income Tax | $432.0K |
| Other Non-Cash Items | $457.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$445.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | -$762.0K |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$442.0K |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $58M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $157M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $339.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $29M |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225M |
| Minority Interest | $0 |
| TOTAL EQUITY | $225M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $73M |
| Net Debt | $31M |
