| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $81M | — | -4.2% | — |
| Op. Income | $6M | $7M | — | -14.6% | — |
| Gross Margin | 41.9% | 43.4% | — | -1.6pp | — |
| Net Margin | 6.0% | 7.3% | — | -1.3pp | — |
| EPS (Diluted) | $0.34 | $0.44 | — | -22.7% | — |
| Free Cash Flow | $5M | $4M | — | 26.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | -$10.0K |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $6M |
| Interest Income | $499.0K |
| Interest Expense | $649.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | -$10.0K |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $6M |
| Interest Income | $499.0K |
| Interest Expense | $649.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $292.0K |
| Deferred Income Tax | $439.0K |
| Other Non-Cash Items | -$735.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $6.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $90M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $113M |
| Goodwill | $45M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $222M |
| TOTAL ASSETS | $463M |
| Account Payables | $11M |
| Short-Term Debt | $32M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $136M |
| Common Stock | $1M |
| Additional Paid-In Capital | $203M |
| Retained Earnings | $193M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $327M |
| Minority Interest | $23.0K |
| TOTAL EQUITY | $327M |
| TOTAL LIABILITIES & EQUITY | $463M |
| Total Debt | $57M |
| Net Debt | -$27M |
