| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $14M | $12M | 4.8% | 19.6% |
| Op. Income | $880.0K | -$310.0K | -$446.0K | 383.9% | 297.3% |
| Gross Margin | 74.4% | 73.4% | 71.9% | 0.9pp | 2.5pp |
| Net Margin | 11.5% | 5.4% | 6.3% | 6.1pp | 5.2pp |
| EPS (Diluted) | $0.11 | $0.05 | $0.05 | 129.2% | 120.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $11M |
| R&D Expenses | $5M |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $6M |
| Other Expenses | -$180.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $880.0K |
| Interest Income | $854.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $854.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $27.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $155.3K |
| EBIT | $880.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $11M |
| R&D Expenses | $5M |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $6M |
| Other Expenses | -$180.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $880.0K |
| Interest Income | $854.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $854.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $27.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $155.3K |
| EBIT | $880.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $71M |
| Net Receivables | $18M |
| Inventory | $695.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $117M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $755.0K |
| Additional Paid-In Capital | $158M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $117M |
| Total Debt | $1M |
| Net Debt | -$14M |
