| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $11M | 8.7% | 29.8% |
| Op. Income | $125.7K | -$258.4K | -$646.9K | 148.6% | 119.4% |
| Gross Margin | 52.9% | 52.6% | 50.9% | 0.3pp | 2.1pp |
| Net Margin | 4.9% | 2.3% | -0.9% | 2.5pp | 5.8pp |
| EPS (Diluted) | $0.01 | $0.01 | $-0.00 | 123.2% | 725.0% |
| Free Cash Flow | $18M | $6M | -$4M | 204.5% | 507.2% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $7M |
| Operating Expenses | $7M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $125.7K |
| Interest Income | $813.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $813.4K |
| INCOME BEFORE TAX | $939.0K |
| Income Tax Expense | $241.9K |
| Net Income from Continuing Ops | $697.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $697.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $697.1K |
| D&A | $1M |
| EBIT | $125.7K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $7M |
| Operating Expenses | $7M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $125.7K |
| Interest Income | $813.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $813.4K |
| INCOME BEFORE TAX | $939.0K |
| Income Tax Expense | $241.9K |
| Net Income from Continuing Ops | $697.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $697.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $697.1K |
| D&A | $1M |
| EBIT | $125.7K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $697.1K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $670.1K |
| Deferred Income Tax | $146.6K |
| Other Non-Cash Items | $104.8K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24.0K |
| NET CASH FROM FINANCING | $24.0K |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $163M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $182M |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $102M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $155M |
| Common Stock | $53.8K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | $5M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $182M |
| Total Debt | $3M |
| Net Debt | -$28M |
