| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $78M | $42M | 4.9% | 94.5% |
| Op. Income | $15M | $11M | $6M | 41.5% | 172.1% |
| Gross Margin | 59.5% | 60.9% | 64.7% | -1.4pp | -5.2pp |
| Net Margin | 13.8% | 10.5% | 9.6% | 3.2pp | 4.2pp |
| EPS (Diluted) | $0.34 | $0.25 | $0.20 | 36.0% | 70.0% |
| Free Cash Flow | $1M | $614.0K | -$2M | 135.3% | 184.1% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $15M |
| Operating Expenses | $33M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $15M |
| Interest Income | $73M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $15M |
| Operating Expenses | $33M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $15M |
| Interest Income | $73M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $410.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $81M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $132M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $290M |
| PP&E (Net) | $94M |
| Goodwill | $63M |
| Intangible Assets | $49M |
| Long-Term Investments | $5.2B |
| Tax Assets | $36M |
| Other Non-Current Assets | $150M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $0 |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $123M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $333.0K |
| Additional Paid-In Capital | $357M |
| Retained Earnings | $174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $523M |
| Minority Interest | $0 |
| TOTAL EQUITY | $523M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $166M |
| Net Debt | $27M |
