| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $62M | $54M | 1.7% | 15.8% |
| Op. Income | $9M | $9M | $13M | 7.7% | -30.4% |
| Gross Margin | 50.8% | 49.6% | 63.5% | 1.2pp | -12.7pp |
| Net Margin | 9.4% | 10.0% | 17.5% | -0.6pp | -8.1pp |
| EPS (Diluted) | $0.14 | $0.15 | $0.22 | -6.7% | -36.4% |
| Free Cash Flow | $7M | $4M | $2M | 76.2% | 172.7% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $482.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $23M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $9M |
| Interest Income | $59M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $482.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $23M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $9M |
| Interest Income | $59M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $520.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$148.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$241.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$325M |
| Sales/Maturities of Investments | $282M |
| Other Investing Activities | $67M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $170M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$271M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $1.1B |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $53M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $232M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | $434M |
| Treasury Stock | -$288M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $693M |
| Minority Interest | $0 |
| TOTAL EQUITY | $693M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
