| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $79M | $81M | 0.9% | -2.0% |
| Op. Income | $48M | $49M | $55M | -2.6% | -12.1% |
| Gross Margin | 93.3% | 95.8% | 99.3% | -2.5pp | -5.9pp |
| Net Margin | 44.6% | 46.2% | 49.6% | -1.6pp | -5.0pp |
| EPS (Diluted) | $1.33 | $1.37 | $1.51 | -2.9% | -11.9% |
| Free Cash Flow | $19M | $52M | $53M | -64.3% | -64.6% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $14M |
| Operating Expenses | $26M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $48M |
| Interest Income | $69M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $14M |
| Operating Expenses | $26M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $48M |
| Interest Income | $69M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $409.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$156.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$461.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $210M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | $218M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$223M |
| NET CASH FROM FINANCING | -$185M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $486M |
| Short-Term Investments | $2.4B |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $45M |
| Goodwill | $122M |
| Intangible Assets | $234.0K |
| Long-Term Investments | $3.0B |
| Tax Assets | $101M |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $0 |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $475M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $538M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$197M |
| Other Equity | $35.0K |
| TOTAL STOCKHOLDERS' EQUITY | $816M |
| Minority Interest | $0 |
| TOTAL EQUITY | $816M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $319M |
| Net Debt | -$167M |
