| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $8M | 12.0% | -8.9% |
| Op. Income | $158.5K | -$1M | $767.4K | 111.3% | -79.3% |
| Gross Margin | 31.0% | 11.3% | 30.9% | 19.7pp | 0.1pp |
| Net Margin | 4.0% | -19.3% | 7.4% | 23.4pp | -3.4pp |
| EPS (Diluted) | $0.01 | $-0.03 | $0.02 | 123.3% | -57.2% |
| Free Cash Flow | -$2M | -$385.1K | -$540.5K | -381.4% | -242.9% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $158.5K |
| Interest Income | $0 |
| Interest Expense | $167.2K |
| Other Income/Expenses | $152.4K |
| INCOME BEFORE TAX | $310.9K |
| Income Tax Expense | $29.1K |
| Net Income from Continuing Ops | $281.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281.8K |
| D&A | $689.8K |
| EBIT | $158.5K |
| EBITDA | $848.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $158.5K |
| Interest Income | $0 |
| Interest Expense | $167.2K |
| Other Income/Expenses | $152.4K |
| INCOME BEFORE TAX | $310.9K |
| Income Tax Expense | $29.1K |
| Net Income from Continuing Ops | $281.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $281.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $281.8K |
| D&A | $689.8K |
| EBIT | $158.5K |
| EBITDA | $848.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $281.8K |
| Depreciation & Amortization | $690.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$176.1K |
| Other Non-Cash Items | -$224.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$159.5K |
| Acquisitions (Net) | $309.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $149.5K |
| Net Debt Issuance | $690.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $690.8K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$853.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $830.5K |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $8M |
| Other Current Assets | $302.1K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $265.0K |
| Long-Term Investments | $0 |
| Tax Assets | $283.1K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $26M |
| Account Payables | $3M |
| Short-Term Debt | $7M |
| Deferred Revenue | $280.8K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $3.7K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $10M |
| Net Debt | $9M |
