| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $147M | $143M | 17.0% | 20.8% |
| Op. Income | $102M | $76M | $72M | 35.2% | 42.0% |
| Gross Margin | 86.0% | 85.2% | 83.6% | 0.7pp | 2.4pp |
| Net Margin | 47.1% | 32.0% | 44.4% | 15.1pp | 2.6pp |
| EPS (Diluted) | $1.23 | $0.72 | $0.97 | 70.8% | 26.8% |
| Free Cash Flow | $62M | $137M | $105M | -54.5% | -40.8% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $36M |
| Operating Expenses | $46M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $102M |
| Interest Income | $807.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $36M |
| EBIT | $102M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $36M |
| Operating Expenses | $46M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $102M |
| Interest Income | $807.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $36M |
| EBIT | $102M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $220.0K |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $73.0K |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $0 |
| Net Receivables | $46M |
| Inventory | $11M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $3.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $133M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $288M |
| Common Stock | $656.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $742M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $12M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $0 |
| Net Debt | -$74M |
