| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $49M | $44M | 2.4% | 14.5% |
| Op. Income | $10M | $11M | $12M | -8.6% | -20.7% |
| Gross Margin | 64.1% | 67.2% | 75.0% | -3.1pp | -10.9pp |
| Net Margin | 15.4% | 17.4% | 22.5% | -2.0pp | -7.0pp |
| EPS (Diluted) | $0.73 | $0.81 | $0.94 | -9.9% | -22.3% |
| Free Cash Flow | $6M | $13M | $15M | -49.3% | -57.3% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $774.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $10M |
| Interest Income | $43M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $774.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $10M |
| Interest Income | $43M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $864.0K |
| Deferred Income Tax | -$570.0K |
| Other Non-Cash Items | -$343.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$37.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $529M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $676M |
| PP&E (Net) | $28M |
| Goodwill | $19M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.3B |
| Tax Assets | $22M |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $0 |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $147M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $583.0K |
| Additional Paid-In Capital | $188M |
| Retained Earnings | $130M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $278M |
| Minority Interest | $0 |
| TOTAL EQUITY | $278M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $162M |
| Net Debt | $29M |
