| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | — | $20M | — | 9.0% |
| Op. Income | $2M | — | $2M | — | -9.6% |
| Gross Margin | 22.3% | — | 20.5% | — | 1.8pp |
| Net Margin | 6.1% | — | 10.2% | — | -4.1pp |
| EPS (Diluted) | $7.94 | — | $1.06 | — | 649.1% |
| Free Cash Flow | $4M | — | -$1M | — | 507.9% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $5M |
| R&D Expenses | $35.6K |
| Selling & Marketing | $60.4K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $2M |
| Interest Income | $879.3K |
| Interest Expense | $192.2K |
| Other Income/Expenses | $843.3K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $5M |
| R&D Expenses | $35.6K |
| Selling & Marketing | $60.4K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $2M |
| Interest Income | $879.3K |
| Interest Expense | $192.2K |
| Other Income/Expenses | $843.3K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $93.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$12.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$887.3K |
| NET CASH FROM INVESTING | -$900.1K |
| Net Debt Issuance | $51.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $934.0K |
| Other Current Assets | $110.7K |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $196.7K |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $142M |
| Account Payables | $7M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $0 |
| Additional Paid-In Capital | $87M |
| Retained Earnings | $53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $6M |
| Net Debt | -$29M |
