| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $83M | $81M | 0.6% | 2.6% |
| Op. Income | $29M | $29M | $35M | 2.3% | -16.5% |
| Gross Margin | 79.2% | 79.4% | 84.8% | -0.2pp | -5.6pp |
| Net Margin | 26.4% | 25.8% | 31.6% | 0.6pp | -5.2pp |
| EPS (Diluted) | $0.48 | $0.47 | $0.56 | 2.1% | -14.3% |
| Free Cash Flow | $9M | $44M | -$31M | -80.3% | 128.1% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $472.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $12M |
| Operating Expenses | $37M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $29M |
| Interest Income | $73M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $472.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $12M |
| Operating Expenses | $37M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $29M |
| Interest Income | $73M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $950.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142M |
| Sales/Maturities of Investments | $139M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $110M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$74M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $1.2B |
| Net Receivables | $451M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $83M |
| Goodwill | $86M |
| Intangible Assets | $21M |
| Long-Term Investments | $3.5B |
| Tax Assets | $29M |
| Other Non-Current Assets | $213M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $377M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $85M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $45M |
| Additional Paid-In Capital | $204M |
| Retained Earnings | $432M |
| Treasury Stock | -$853.0K |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $619M |
| Minority Interest | $0 |
| TOTAL EQUITY | $619M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $462M |
| Net Debt | $341M |
