| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $6M | — | 13.9% |
| Op. Income | $53.8K | — | $132.2K | — | -59.3% |
| Gross Margin | 2.3% | — | 2.8% | — | -0.6pp |
| Net Margin | 0.6% | — | 2.0% | — | -1.4pp |
| EPS (Diluted) | $0.29 | — | $0.79 | — | -63.6% |
| Free Cash Flow | -$76.2K | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $145.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91.9K |
| Other Expenses | $0 |
| Operating Expenses | $91.9K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $53.8K |
| Interest Income | $0 |
| Interest Expense | $128 |
| Other Income/Expenses | -$275 |
| INCOME BEFORE TAX | $53.6K |
| Income Tax Expense | $12.6K |
| Net Income from Continuing Ops | $41.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41.0K |
| D&A | $0 |
| EBIT | $53.7K |
| EBITDA | $53.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $145.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $91.9K |
| Other Expenses | $0 |
| Operating Expenses | $91.9K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $53.8K |
| Interest Income | $0 |
| Interest Expense | $128 |
| Other Income/Expenses | -$275 |
| INCOME BEFORE TAX | $53.6K |
| Income Tax Expense | $12.6K |
| Net Income from Continuing Ops | $41.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41.0K |
| D&A | $0 |
| EBIT | $53.7K |
| EBITDA | $53.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.9K |
| Change in Working Capital | -$119.1K |
| OPERATING CASH FLOW | -$76.2K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$441 |
| NET CASH FROM FINANCING | -$41.9K |
| FREE CASH FLOW | -$76.2K |
| Net Change in Cash | -$118.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221.5K |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $7.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $423.5K |
| TOTAL NON-CURRENT ASSETS | $430.8K |
| TOTAL ASSETS | $10M |
| Account Payables | $8M |
| Short-Term Debt | $4.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4.7K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19.1K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $214.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $214.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $214.0K |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $60.7K |
| Net Debt | -$160.9K |
