| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $81M | $65M | 3.5% | 29.6% |
| Op. Income | $14M | $13M | $11M | 9.8% | 27.6% |
| Gross Margin | 47.2% | 47.7% | 53.6% | -0.5pp | -6.4pp |
| Net Margin | 12.9% | 12.8% | 13.7% | 0.1pp | -0.9pp |
| EPS (Diluted) | $0.56 | $0.54 | $0.53 | 3.7% | 5.7% |
| Free Cash Flow | $6M | $9M | $9M | -33.9% | -33.6% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $406.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $9M |
| Operating Expenses | $25M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $14M |
| Interest Income | $81M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $406.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $9M |
| Operating Expenses | $25M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $14M |
| Interest Income | $81M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | -$2M |
| Stock-Based Compensation | $432.0K |
| Deferred Income Tax | -$615.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$195M |
| NET CASH FROM FINANCING | -$203M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$244M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $286M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $556M |
| PP&E (Net) | $49M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $9M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $6M |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $141M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $14M |
| Additional Paid-In Capital | $320M |
| Retained Earnings | $98M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $435M |
| Minority Interest | $0 |
| TOTAL EQUITY | $435M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $139M |
| Net Debt | -$103M |
