| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $34M | $38M | 18.5% | 5.9% |
| Op. Income | $10M | $5M | $6M | 104.0% | 64.7% |
| Gross Margin | 63.5% | 61.3% | 62.4% | 2.2pp | 1.1pp |
| Net Margin | 0.5% | -1.0% | 1.4% | 1.5pp | -0.9pp |
| EPS (Diluted) | $0.00 | $-0.01 | $0.01 | 152.8% | -65.9% |
| Free Cash Flow | $5M | $7M | $2M | -30.7% | 89.9% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$604 |
| Income Tax Expense | -$152.6K |
| Net Income from Continuing Ops | $152.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185.0K |
| D&A | $6M |
| EBIT | $5M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $152.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$146.3K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $363.7K |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76.6K |
| NET CASH FROM FINANCING | $76.6K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $637M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $701M |
| TOTAL ASSETS | $778M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $324M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $363M |
| TOTAL LIABILITIES | $419M |
| Common Stock | $6.5K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | $15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $358M |
| Minority Interest | $1M |
| TOTAL EQUITY | $359M |
| TOTAL LIABILITIES & EQUITY | $778M |
| Total Debt | $331M |
| Net Debt | $310M |
