| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $45M | $43M | 7.8% | 13.5% |
| Op. Income | $3M | $4M | $324.3K | -17.0% | 891.2% |
| Gross Margin | 31.3% | 25.5% | 20.2% | 5.8pp | 11.2pp |
| Net Margin | 4.7% | 13.6% | 3.8% | -9.0pp | 0.9pp |
| EPS (Diluted) | $0.16 | $0.45 | $0.13 | -63.4% | 22.5% |
| Free Cash Flow | -$11M | -$980.4K | $839.8K | -1047.0% | -1439.1% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $516.2K |
| Other Income/Expenses | $879.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| 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 | $264.9K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $516.2K |
| Other Income/Expenses | $879.5K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| 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 | $264.9K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $264.9K |
| Stock-Based Compensation | $30.3K |
| Deferred Income Tax | -$68.7K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $38.7K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$122.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $35M |
| Net Receivables | $63M |
| Inventory | $41M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $30M |
| Goodwill | $12.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $215M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $496.6K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $131M |
| Treasury Stock | -$209.3K |
| Accum. Other Comp. Income | $31.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $189M |
| Minority Interest | $0 |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $215M |
| Total Debt | $1M |
| Net Debt | -$31M |
