| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $153M | $97M | -24.9% | 17.7% |
| Op. Income | $32M | $39M | $27M | -17.0% | 21.1% |
| Gross Margin | 70.1% | 57.9% | 78.8% | 12.2pp | -8.7pp |
| Net Margin | 22.0% | 20.0% | 21.6% | 1.9pp | 0.4pp |
| EPS (Diluted) | $1.29 | $1.57 | $1.06 | -17.8% | 21.7% |
| Free Cash Flow | $2M | $69M | -$8M | -97.5% | 122.1% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $30M |
| SG&A Expenses | $33M |
| Other Expenses | $16M |
| Operating Expenses | $48M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $32M |
| Interest Income | $98M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $32M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $30M |
| SG&A Expenses | $33M |
| Other Expenses | $16M |
| Operating Expenses | $48M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $32M |
| Interest Income | $98M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $4M |
| EBIT | $32M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $833.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $122M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$364M |
| NET CASH FROM FINANCING | -$271M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$146M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $400M |
| Short-Term Investments | $481M |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $969M |
| PP&E (Net) | $65M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $328M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $73M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $520M |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $144M |
| Retained Earnings | $825M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $955M |
| Minority Interest | $0 |
| TOTAL EQUITY | $955M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $475M |
| Net Debt | $75M |
