| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $137M | $143M | -4.4% | -8.4% |
| Op. Income | $9M | $8M | $18M | 19.1% | -51.3% |
| Gross Margin | 22.3% | 21.5% | 26.7% | 0.8pp | -4.4pp |
| Net Margin | 6.3% | 5.2% | 11.3% | 1.1pp | -5.0pp |
| EPS (Diluted) | $0.47 | $0.40 | $0.91 | 17.5% | -48.4% |
| Free Cash Flow | $10M | $6M | $13M | 82.0% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $11M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $25.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| NET INCOME | $8M |
| D&A | $5M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $11M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $25.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| NET INCOME | $8M |
| D&A | $5M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $365.0K |
| Other Non-Cash Items | -$467.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $98M |
| Net Receivables | $56M |
| Inventory | $73M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $71M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $125M |
| TOTAL ASSETS | $377M |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $24M |
| Additional Paid-In Capital | $48M |
| Retained Earnings | $427M |
| Treasury Stock | -$178M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $321M |
| Minority Interest | $0 |
| TOTAL EQUITY | $321M |
| TOTAL LIABILITIES & EQUITY | $377M |
| Total Debt | $2M |
| Net Debt | -$5M |
