| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -11.0% | -4.2% |
| Op. Income | $494.0K | $0 | $493.0K | — | 0.2% |
| Gross Margin | 69.3% | 62.0% | 69.7% | 7.2pp | -0.5pp |
| Net Margin | 20.1% | 12.5% | 12.1% | 7.6pp | 8.0pp |
| EPS (Diluted) | $0.04 | $0.03 | $0.02 | 45.8% | 79.3% |
| Free Cash Flow | -$342.0K | $601.0K | -$427.0K | -156.9% | 19.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $844.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $67.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $494.0K |
| Interest Income | $46.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $46.0K |
| INCOME BEFORE TAX | $540.0K |
| Income Tax Expense | -$13.0K |
| Net Income from Continuing Ops | $553.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $553.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $553.0K |
| D&A | $164.0K |
| EBIT | $494.0K |
| EBITDA | $658.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $844.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $67.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $494.0K |
| Interest Income | $46.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $46.0K |
| INCOME BEFORE TAX | $540.0K |
| Income Tax Expense | -$13.0K |
| Net Income from Continuing Ops | $553.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $553.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $553.0K |
| D&A | $164.0K |
| EBIT | $494.0K |
| EBITDA | $658.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $553.0K |
| Depreciation & Amortization | $164.0K |
| Stock-Based Compensation | $3.0K |
| Deferred Income Tax | -$37.0K |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$323.0K |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12.0K |
| NET CASH FROM INVESTING | -$4.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$311.0K |
| NET CASH FROM FINANCING | -$311.0K |
| FREE CASH FLOW | -$342.0K |
| Net Change in Cash | -$638.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $495.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $294.0K |
| Long-Term Investments | $61.0K |
| Tax Assets | $5M |
| Other Non-Current Assets | $242.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $14M |
| Account Payables | $653.0K |
| Short-Term Debt | $432.0K |
| Deferred Revenue | $163.0K |
| Other Current Liabilities | $449.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $622.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $255.0K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | $3M |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $1M |
| Net Debt | -$4M |
