| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $29M | $33M | -5.6% | -14.9% |
| Op. Income | -$1M | $820.0K | -$954.0K | -239.4% | -19.8% |
| Gross Margin | 77.1% | 77.2% | 77.3% | -0.1pp | -0.3pp |
| Net Margin | -2.2% | 4.0% | -3.4% | -6.3pp | 1.1pp |
| EPS (Diluted) | $-0.33 | $0.63 | $-0.59 | -152.4% | 44.1% |
| Free Cash Flow | -$3M | $2M | -$3M | -251.6% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $12M |
| Operating Expenses | $23M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $105.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$128.0K |
| Income Tax Expense | $496.0K |
| Net Income from Continuing Ops | -$624.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$624.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$624.0K |
| D&A | $387.0K |
| EBIT | -$1M |
| EBITDA | -$756.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$624.0K |
| Depreciation & Amortization | $787.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$85.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$82.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$82.0K |
| Net Debt Issuance | -$241.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $938.0K |
| Net Receivables | $515.0K |
| Inventory | $13M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $237.0K |
| Long-Term Investments | $676.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $40M |
| Account Payables | $3M |
| Short-Term Debt | $369.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $0 |
| Additional Paid-In Capital | $33M |
| Retained Earnings | -$745.0K |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $9M |
| Net Debt | -$486.0K |
