| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $23M | $22M | -0.2% | 3.4% |
| Op. Income | -$4M | $3M | $4M | -242.1% | -213.9% |
| Gross Margin | 39.9% | 35.3% | 37.6% | 4.6pp | 2.3pp |
| Net Margin | -9.9% | 10.1% | 13.2% | -20.0pp | -23.1pp |
| EPS (Diluted) | $-0.27 | $0.27 | $0.36 | -200.0% | -175.0% |
| Free Cash Flow | $4M | $8M | -$736.0K | -56.6% | 579.8% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $755.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $8M |
| Operating Expenses | $13M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$4M |
| Interest Income | $548.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $772.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | -$30.0K |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | $629.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $797.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$974.0K |
| Other Investing Activities | $974.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $20M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $4M |
| Goodwill | $40M |
| Intangible Assets | $23M |
| Long-Term Investments | $15M |
| Tax Assets | $773.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $147M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $123.0K |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $4M |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $119M |
| Minority Interest | $2M |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $147M |
| Total Debt | $4M |
| Net Debt | -$20M |
