| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $63M | $40M | 2.9% | 62.7% |
| Op. Income | $22M | $22M | $16M | 0.2% | 39.5% |
| Gross Margin | 57.4% | 59.0% | 72.9% | -1.6pp | -15.5pp |
| Net Margin | 21.7% | 24.1% | 28.4% | -2.4pp | -6.7pp |
| EPS (Diluted) | $1.85 | $2.01 | $1.54 | -8.0% | 20.1% |
| Free Cash Flow | $2M | -$6M | $11M | 135.7% | -82.1% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $221.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $797.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $221.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $797.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $797.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $956.0K |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$78.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$79.0K |
| Other Financing Activities | $162M |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225M |
| Short-Term Investments | $53M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $71M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $0 |
| Short-Term Debt | $90M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $357M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $422M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $8M |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $275M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$226.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $328M |
| Minority Interest | $0 |
| TOTAL EQUITY | $328M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $468M |
| Net Debt | $244M |
