| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $33M | — | 5.2% | — |
| Op. Income | -$13M | $22M | — | -159.4% | — |
| Gross Margin | 80.5% | 78.0% | — | 2.5pp | — |
| Net Margin | -32.5% | 24.8% | — | -57.3pp | — |
| EPS (Diluted) | $-0.08 | $0.06 | — | -237.5% | — |
| Free Cash Flow | $28M | $27M | — | 2.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $28M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $36M |
| Operating Expenses | $41M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$13M |
| Interest Income | $664.2K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $6M |
| EBIT | -$15M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.6K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$521.7K |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $2M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $760.3K |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $793M |
| Goodwill | $59M |
| Intangible Assets | $0 |
| Long-Term Investments | $105M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $962M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $112M |
| TOTAL LIABILITIES | $122M |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $42M |
| Retained Earnings | -$312M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $887M |
| Minority Interest | $0 |
| TOTAL EQUITY | $887M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $62M |
| Net Debt | $27M |
