| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $25M | $22M | 6.1% | 22.1% |
| Op. Income | -$491.0K | -$3M | -$2M | 81.2% | 79.1% |
| Gross Margin | 60.0% | 58.6% | 57.4% | 1.4pp | 2.7pp |
| Net Margin | -2.8% | -11.4% | -12.2% | 8.7pp | 9.4pp |
| EPS (Diluted) | $-0.06 | $-0.23 | $-0.22 | 74.4% | 73.3% |
| Free Cash Flow | $3M | $3M | $797.0K | -1.1% | 252.1% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$491.0K |
| Interest Income | $0 |
| Interest Expense | $61.0K |
| Other Income/Expenses | -$27.0K |
| INCOME BEFORE TAX | -$518.0K |
| Income Tax Expense | $234.0K |
| Net Income from Continuing Ops | -$752.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$752.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$752.0K |
| D&A | $3M |
| EBIT | -$457.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$752.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $66.0K |
| Other Non-Cash Items | -$519.0K |
| Change in Working Capital | -$44.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $449.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $24M |
| Goodwill | $34M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $146M |
| Account Payables | $2M |
| Short-Term Debt | $7M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $70M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$332.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $146M |
| Total Debt | $9M |
| Net Debt | -$293.0K |
