| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $61M | $68M | 19.9% | 7.1% |
| Op. Income | $6M | -$3M | $2M | 297.3% | 184.2% |
| Gross Margin | 73.9% | 71.1% | 70.7% | 2.8pp | 3.2pp |
| Net Margin | 5.9% | -3.6% | -0.1% | 9.5pp | 6.0pp |
| EPS (Diluted) | $0.18 | $-0.09 | $-0.00 | 300.0% | 4286.0% |
| Free Cash Flow | $13M | $422.0K | $13M | 2887.0% | -3.5% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $54M |
| R&D Expenses | $2M |
| Selling & Marketing | $29M |
| General & Administrative | $17M |
| SG&A Expenses | $45M |
| Other Expenses | $633.0K |
| Operating Expenses | $48M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $6M |
| Interest Income | $754.0K |
| Interest Expense | $529.0K |
| Other Income/Expenses | $225.0K |
| 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 | $2M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $54M |
| R&D Expenses | $2M |
| Selling & Marketing | $29M |
| General & Administrative | $17M |
| SG&A Expenses | $45M |
| Other Expenses | $633.0K |
| Operating Expenses | $48M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $6M |
| Interest Income | $754.0K |
| Interest Expense | $529.0K |
| Other Income/Expenses | $225.0K |
| 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 | $2M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$114.0K |
| Other Non-Cash Items | $54.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$537.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25.0K |
| NET CASH FROM INVESTING | -$525.0K |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $295.0K |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $14M |
| Net Receivables | $42M |
| Inventory | $19M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $152M |
| PP&E (Net) | $24M |
| Goodwill | $31M |
| Intangible Assets | $45M |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $279M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $180M |
| Retained Earnings | $21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $201M |
| Minority Interest | $0 |
| TOTAL EQUITY | $201M |
| TOTAL LIABILITIES & EQUITY | $279M |
| Total Debt | $48M |
| Net Debt | -$26M |
