| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $18M | — | 23.3% | — |
| Op. Income | $2M | $511.0K | — | 340.7% | — |
| Gross Margin | 49.2% | 55.2% | — | -6.0pp | — |
| Net Margin | 10.0% | 2.4% | — | 7.6pp | — |
| EPS (Diluted) | $0.06 | $0.01 | — | 400.0% | — |
| Free Cash Flow | $3M | $1M | — | 132.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $11M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | -$336.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $2M |
| Interest Income | $27.0K |
| Interest Expense | $47.0K |
| Other Income/Expenses | $34.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $47.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $11M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | -$336.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $2M |
| Interest Income | $27.0K |
| Interest Expense | $47.0K |
| Other Income/Expenses | $34.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $47.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$805.0K |
| NET CASH FROM FINANCING | -$805.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $7M |
| Net Receivables | $7M |
| Inventory | $2M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $579.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $57M |
| Account Payables | $6M |
| Short-Term Debt | $5M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $117.0K |
| TOTAL NON-CURRENT LIABILITIES | $867.0K |
| TOTAL LIABILITIES | $38M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$224M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $57M |
| Total Debt | $6M |
| Net Debt | -$20M |
