| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | — | $114M | — | 16.6% |
| Op. Income | $132M | — | -$170M | — | 177.4% |
| Net Margin | 86.6% | — | -162.4% | — | 249.0pp |
| EPS (Diluted) | $0.57 | — | $-1.23 | — | 146.3% |
| Free Cash Flow | $209M | — | $255M | — | -18.1% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | -$9M |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1M |
| OPERATING INCOME | $132M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $115M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $115M |
| D&A | $0 |
| EBIT | $132M |
| EBITDA | $132M |
| EPS | $3 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $97M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $209M |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$328M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$293M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$75M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $209M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | -$57M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.5B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $477M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$477M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $502M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$388M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $998M |
| Minority Interest | $0 |
| TOTAL EQUITY | $998M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $479M |
| Net Debt | $452M |
