| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $85M | — | 54.2% | — |
| Op. Income | $2M | -$6M | — | 137.6% | — |
| Gross Margin | 57.9% | 51.9% | — | 6.1pp | — |
| Net Margin | -2.4% | -4.0% | — | 1.6pp | — |
| EPS (Diluted) | $-2.14 | $-2.34 | — | 8.9% | — |
| Free Cash Flow | $13M | -$21M | — | 161.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $3M |
| Operating Expenses | $74M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | $2M |
| EBITDA | $9M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$76.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$31.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $101M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $188M |
| PP&E (Net) | $60M |
| Goodwill | $170M |
| Intangible Assets | $212M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $454M |
| TOTAL ASSETS | $642M |
| Account Payables | $24M |
| Short-Term Debt | $9M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $207M |
| TOTAL LIABILITIES | $282M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $360M |
| Retained Earnings | -$122M |
| Treasury Stock | -$679.0K |
| Accum. Other Comp. Income | -$306.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $237M |
| Minority Interest | $123M |
| TOTAL EQUITY | $360M |
| TOTAL LIABILITIES & EQUITY | $642M |
| Total Debt | $198M |
| Net Debt | $177M |
