| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $155M | $147M | 5.3% | 11.2% |
| Op. Income | $27M | $29M | $28M | -7.4% | -3.6% |
| Gross Margin | 55.2% | 55.9% | 58.2% | -0.7pp | -3.0pp |
| Net Margin | 12.9% | 14.6% | 14.8% | -1.7pp | -2.0pp |
| EPS (Diluted) | $0.67 | $0.73 | $0.70 | -8.2% | -4.3% |
| Free Cash Flow | $7M | $23M | $44M | -71.9% | -85.2% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $24M |
| Operating Expenses | $63M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $27M |
| Interest Income | $142M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $24M |
| Operating Expenses | $63M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $27M |
| Interest Income | $142M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $626.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $122M |
| Goodwill | $129M |
| Intangible Assets | $41M |
| Long-Term Investments | $7.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $313M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $0 |
| Short-Term Debt | $34M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $306M |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $156M |
| Additional Paid-In Capital | $533M |
| Retained Earnings | $535M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $201M |
| Net Debt | -$88M |
