| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $52M | $65M | 34.6% | 8.9% |
| Op. Income | $10M | -$4M | $4M | 328.6% | 124.0% |
| Gross Margin | 22.5% | -0.2% | 18.0% | 22.7pp | 4.5pp |
| Net Margin | 2.1% | 252.3% | 6.8% | -250.2pp | -4.8pp |
| EPS (Diluted) | $0.02 | $1.50 | $0.05 | -98.9% | -66.5% |
| Free Cash Flow | $3M | -$1M | $2M | 356.6% | 80.0% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $888.8K |
| Operating Expenses | $6M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $10M |
| Interest Income | $280.9K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $888.8K |
| Operating Expenses | $6M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $10M |
| Interest Income | $280.9K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $623.2K |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.4K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $34M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $144M |
| Goodwill | $14M |
| Intangible Assets | $0 |
| Long-Term Investments | $75M |
| Tax Assets | $6M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $371M |
| Account Payables | $47M |
| Short-Term Debt | $21M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $747.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $230M |
| Common Stock | $139M |
| Additional Paid-In Capital | -$2M |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $371M |
| Total Debt | $22M |
| Net Debt | $14M |
