| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $25M | $29M | 13.6% | -1.5% |
| Op. Income | $2M | -$2M | $4M | 188.7% | -50.1% |
| Gross Margin | 18.1% | 11.2% | 23.2% | 6.9pp | -5.1pp |
| Net Margin | 8.7% | -6.2% | 11.5% | 14.9pp | -2.8pp |
| EPS (Diluted) | $0.40 | $-0.25 | $0.55 | 260.0% | -27.3% |
| Free Cash Flow | -$6M | $3M | -$72.0K | -317.4% | -8212.5% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $6.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $2M |
| Interest Income | $251.0K |
| Interest Expense | $71.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $955.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $6.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $2M |
| Interest Income | $251.0K |
| Interest Expense | $71.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $955.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $520.0K |
| Deferred Income Tax | $140.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $154.0K |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$323.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $9M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $53M |
| Goodwill | $20M |
| Intangible Assets | $102M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $176M |
| TOTAL ASSETS | $222M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $80.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | $129M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $222M |
| Total Debt | $5M |
| Net Debt | -$10M |
