| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $5M | — | 38.6% |
| Op. Income | $4M | — | $2M | — | 95.4% |
| Gross Margin | 77.6% | — | 65.2% | — | 12.4pp |
| Net Margin | 51.3% | — | 35.6% | — | 15.7pp |
| EPS (Diluted) | $0.10 | — | $0.05 | — | 94.6% |
| Free Cash Flow | $2M | — | -$4M | — | 162.0% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $346.7K |
| General & Administrative | $440.5K |
| SG&A Expenses | $787.2K |
| Other Expenses | -$2M |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $804.3K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$75.4K |
| 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 | $76.1K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $346.7K |
| General & Administrative | $440.5K |
| SG&A Expenses | $787.2K |
| Other Expenses | -$2M |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $804.3K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$75.4K |
| 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 | $76.1K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $76.1K |
| Stock-Based Compensation | $11.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$359.7K |
| Change in Working Capital | -$915.4K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | -$500.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $598.9K |
| Goodwill | $0 |
| Intangible Assets | $63.9K |
| Long-Term Investments | $5M |
| Tax Assets | -$5M |
| Other Non-Current Assets | -$598.9K |
| TOTAL NON-CURRENT ASSETS | $63.9K |
| TOTAL ASSETS | $43M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $128.4K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $25M |
| Retained Earnings | $14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $140.0K |
| Other Equity | -$35.0K |
| TOTAL STOCKHOLDERS' EQUITY | $39M |
| Minority Interest | $0 |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $128.4K |
| Net Debt | -$24M |
