| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $117M | $117M | 6.2% | 6.1% |
| Op. Income | $4M | $5M | $10M | -24.8% | -63.9% |
| Gross Margin | 81.3% | 81.4% | 85.7% | -0.1pp | -4.5pp |
| Net Margin | 2.2% | 3.6% | 6.5% | -1.3pp | -4.3pp |
| EPS (Diluted) | $0.08 | $0.14 | $0.29 | -42.9% | -72.4% |
| Free Cash Flow | $10M | -$72M | $5M | 114.1% | 85.8% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $39M |
| Operating Expenses | $97M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $4M |
| Interest Income | $107M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $837.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $8M |
| EBIT | $4M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $39M |
| Operating Expenses | $97M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $4M |
| Interest Income | $107M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $837.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $8M |
| EBIT | $4M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $356.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | $250M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | $187M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $501M |
| Short-Term Investments | $340M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $840M |
| PP&E (Net) | $160M |
| Goodwill | $234M |
| Intangible Assets | $52M |
| Long-Term Investments | $4.3B |
| Tax Assets | $7M |
| Other Non-Current Assets | $234M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $431M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $517M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $291.0K |
| Additional Paid-In Capital | $559M |
| Retained Earnings | $542M |
| Treasury Stock | -$268M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $874M |
| Minority Interest | $0 |
| TOTAL EQUITY | $874M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $431M |
| Net Debt | -$70M |
