| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $45M | $39M | -8.2% | 6.1% |
| Op. Income | $10M | $14M | $9M | -29.9% | 5.8% |
| Gross Margin | 33.3% | 41.1% | 34.1% | -7.8pp | -0.8pp |
| Net Margin | 14.7% | 20.7% | 14.7% | -6.1pp | -0.1pp |
| EPS (Diluted) | $1.47 | $2.27 | $1.40 | -35.2% | 5.0% |
| Free Cash Flow | $10M | $5M | $9M | 96.8% | 6.8% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $197.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $807.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $10M |
| Interest Income | $219.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $247.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $197.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $807.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $10M |
| Interest Income | $219.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $247.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $247.0K |
| Stock-Based Compensation | $229.0K |
| Deferred Income Tax | -$15.0K |
| Other Non-Cash Items | $314.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$89.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$89.0K |
| Net Debt Issuance | -$431.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $1M |
| Other Current Assets | $385.0K |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $8M |
| Goodwill | $95.0K |
| Intangible Assets | $608.0K |
| Long-Term Investments | $0 |
| Tax Assets | $295.0K |
| Other Non-Current Assets | $127.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $58M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $600.0K |
| Other Current Liabilities | $477.0K |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | $2M |
| Treasury Stock | -$87M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$21M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$21M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $66M |
| Net Debt | $34M |
