| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $46M | — | 18.3% | — |
| Op. Income | $4M | $2M | — | 177.1% | — |
| Gross Margin | 17.3% | 16.8% | — | 0.5pp | — |
| Net Margin | 9.4% | 2.1% | — | 7.3pp | — |
| EPS (Diluted) | $0.12 | $0.02 | — | 432.4% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $9M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $4M |
| Interest Income | $65.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $443.8K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $0 |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $9M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $4M |
| Interest Income | $65.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $443.8K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $0 |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $466.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $5M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $2M |
| Goodwill | $27M |
| Intangible Assets | $60M |
| Long-Term Investments | $39M |
| Tax Assets | $763.4K |
| Other Non-Current Assets | $107.2K |
| TOTAL NON-CURRENT ASSETS | $128M |
| TOTAL ASSETS | $205M |
| Account Payables | $5M |
| Short-Term Debt | $891.9K |
| Deferred Revenue | $12M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $68M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $98M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $175M |
| Minority Interest | -$955.6K |
| TOTAL EQUITY | $174M |
| TOTAL LIABILITIES & EQUITY | $205M |
| Total Debt | $1M |
| Net Debt | -$26M |
