| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $15M | $13M | 12.4% | 32.8% |
| Op. Income | $8M | $6M | $4M | 29.5% | 96.2% |
| Gross Margin | 57.1% | 50.5% | 41.5% | 6.6pp | 15.6pp |
| Net Margin | 47.1% | 40.3% | 31.0% | 6.8pp | 16.1pp |
| EPS (Diluted) | $0.34 | $0.26 | $0.17 | 30.8% | 100.0% |
| Free Cash Flow | $3M | $5M | -$7M | -46.6% | 139.2% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $8M |
| Interest Income | $20M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $267.0K |
| NET INCOME | $8M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $8M |
| Interest Income | $20M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $267.0K |
| NET INCOME | $8M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$724.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $39M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $855.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $131M |
| Tax Assets | $0 |
| Other Non-Current Assets | $529M |
| TOTAL NON-CURRENT ASSETS | $660M |
| TOTAL ASSETS | $703M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $359M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $388.0K |
| TOTAL NON-CURRENT LIABILITIES | $359M |
| TOTAL LIABILITIES | $391M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $313M |
| Minority Interest | $0 |
| TOTAL EQUITY | $313M |
| TOTAL LIABILITIES & EQUITY | $703M |
| Total Debt | $359M |
| Net Debt | $346M |
