| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | — | $85M | — | 1.2% |
| Op. Income | -$2M | — | -$2M | — | -12.7% |
| Gross Margin | 49.4% | — | 47.8% | — | 1.5pp |
| Net Margin | -5.1% | — | -3.4% | — | -1.8pp |
| EPS (Diluted) | $-0.29 | — | $-0.20 | — | -45.0% |
| Free Cash Flow | $9M | — | -$5M | — | 274.3% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $42M |
| R&D Expenses | $8M |
| Selling & Marketing | $8M |
| General & Administrative | $19M |
| SG&A Expenses | $27M |
| Other Expenses | $10M |
| Operating Expenses | $44M |
| Cost & Expenses | $88M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $10M |
| EBIT | -$2M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $186.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$664.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $793.0K |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $12M |
| Goodwill | $173M |
| Intangible Assets | $123M |
| Long-Term Investments | $607.0K |
| Tax Assets | $4M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $321M |
| TOTAL ASSETS | $412M |
| Account Payables | $16M |
| Short-Term Debt | $3M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $177M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $231M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $198M |
| Retained Earnings | $567.0K |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | $108.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $0 |
| TOTAL EQUITY | $181M |
| TOTAL LIABILITIES & EQUITY | $412M |
| Total Debt | $184M |
| Net Debt | $176M |
