| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $42M | $30M | 52.3% | 118.2% |
| Op. Income | $25M | $14M | $7M | 76.5% | 247.1% |
| Gross Margin | 44.2% | 40.2% | 31.7% | 4.0pp | 12.5pp |
| Net Margin | 30.5% | 26.7% | 34.1% | 3.9pp | -3.5pp |
| EPS (Diluted) | $7.77 | $4.41 | $3.82 | 76.2% | 103.4% |
| Free Cash Flow | $7M | -$11M | -$12M | 163.5% | 157.3% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $25M |
| Interest Income | $19.0K |
| Interest Expense | $236.0K |
| Other Income/Expenses | -$12.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $17M |
| EBIT | $25M |
| EBITDA | $42M |
| EPS | $11 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $25M |
| Interest Income | $19.0K |
| Interest Expense | $236.0K |
| Other Income/Expenses | -$12.0K |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $17M |
| EBIT | $25M |
| EBITDA | $42M |
| EPS | $11 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$205.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $205.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $265.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $285M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $890.0K |
| TOTAL NON-CURRENT ASSETS | $286M |
| TOTAL ASSETS | $335M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $148M |
| Common Stock | $281.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $237M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $186M |
| Minority Interest | $0 |
| TOTAL EQUITY | $186M |
| TOTAL LIABILITIES & EQUITY | $335M |
| Total Debt | $4M |
| Net Debt | $2M |
