| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $76M | — | -5.9% | — |
| Op. Income | $11M | $15M | — | -26.9% | — |
| Gross Margin | 84.4% | 85.3% | — | -0.8pp | — |
| Net Margin | 16.7% | 21.5% | — | -4.8pp | — |
| EPS (Diluted) | $0.88 | $1.20 | — | -27.0% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $61M |
| R&D Expenses | $1M |
| Selling & Marketing | $43M |
| General & Administrative | $5M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $11M |
| Interest Income | $2M |
| Interest Expense | $221.5K |
| Other Income/Expenses | $804.7K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$11.4K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $61M |
| R&D Expenses | $1M |
| Selling & Marketing | $43M |
| General & Administrative | $5M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $11M |
| Interest Income | $2M |
| Interest Expense | $221.5K |
| Other Income/Expenses | $804.7K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$11.4K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| 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 | $110M |
| Short-Term Investments | $36M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $132M |
| Goodwill | $0 |
| Intangible Assets | $147.7K |
| Long-Term Investments | $7M |
| Tax Assets | $2M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $320M |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $82M |
| Deferred Tax Liabilities | $415.1K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $249M |
| Common Stock | $292 |
| Additional Paid-In Capital | $337M |
| Retained Earnings | -$289M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | -$217.3K |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $320M |
| Total Debt | $42M |
| Net Debt | -$68M |
