| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | — | $140M | — | 50.1% |
| Op. Income | $31M | — | $2M | — | 1591.3% |
| Gross Margin | 45.9% | — | 40.2% | — | 5.7pp |
| Net Margin | 14.6% | — | 7.9% | — | 6.8pp |
| EPS (Diluted) | $0.92 | — | $0.33 | — | 178.8% |
| Free Cash Flow | $11M | — | $26M | — | -57.6% |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $97M |
| R&D Expenses | $51M |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $1M |
| Operating Expenses | $66M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $31M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $32M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $97M |
| R&D Expenses | $51M |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $1M |
| Operating Expenses | $66M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $31M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $32M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $385.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $0 |
| Net Receivables | $192M |
| Inventory | $241M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $804M |
| PP&E (Net) | $180M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $226M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$28.0K |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $246M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $785M |
| TOTAL STOCKHOLDERS' EQUITY | $784M |
| Minority Interest | $0 |
| TOTAL EQUITY | $784M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $0 |
| Net Debt | -$289M |
