| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $4M | $4M | 56.5% | 49.8% |
| Op. Income | $565.9K | -$91.6K | $177.6K | 717.6% | 218.7% |
| Gross Margin | 49.7% | 49.3% | 50.4% | 0.3pp | -0.7pp |
| Net Margin | 9.6% | 1.5% | 4.3% | 8.1pp | 5.3pp |
| EPS (Diluted) | $0.03 | $0.00 | $0.01 | 908.8% | 233.0% |
| Free Cash Flow | $181.9K | $679.1K | -$398.0K | -73.2% | 145.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $789.3K |
| Selling & Marketing | $944.5K |
| General & Administrative | $500.9K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $565.9K |
| Interest Income | $124.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $117.5K |
| INCOME BEFORE TAX | $683.3K |
| Income Tax Expense | $142.1K |
| Net Income from Continuing Ops | $541.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $541.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $541.3K |
| D&A | $143.6K |
| EBIT | $683.3K |
| EBITDA | $827.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $789.3K |
| Selling & Marketing | $944.5K |
| General & Administrative | $500.9K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $565.9K |
| Interest Income | $124.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $117.5K |
| INCOME BEFORE TAX | $683.3K |
| Income Tax Expense | $142.1K |
| Net Income from Continuing Ops | $541.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $541.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $541.3K |
| D&A | $143.6K |
| EBIT | $683.3K |
| EBITDA | $827.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $541.3K |
| Depreciation & Amortization | $143.6K |
| Stock-Based Compensation | $46.4K |
| Deferred Income Tax | -$146.8K |
| Other Non-Cash Items | $39.0K |
| Change in Working Capital | -$344.7K |
| OPERATING CASH FLOW | $278.7K |
| Capital Expenditure | -$96.8K |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $181.9K |
| Net Change in Cash | -$840.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $9M |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $132.1K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $56.0K |
| Long-Term Investments | $0 |
| Tax Assets | $855.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $22M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $6M |
| Common Stock | $157.4K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $0 |
| Net Debt | -$3M |
