| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | $226M | $208M | 0.4% | 9.1% |
| Op. Income | $35M | $43M | $54M | -19.3% | -35.1% |
| Gross Margin | 57.2% | 62.2% | 72.3% | -4.9pp | -15.1pp |
| Net Margin | 12.8% | 15.8% | 21.6% | -3.1pp | -8.8pp |
| EPS (Diluted) | $0.44 | $0.56 | $0.71 | -21.4% | -38.0% |
| Free Cash Flow | $19M | $62M | $42M | -69.2% | -55.0% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $23M |
| Operating Expenses | $95M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $35M |
| Interest Income | $203M |
| Interest Expense | $86M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $35M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $23M |
| Operating Expenses | $95M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $35M |
| Interest Income | $203M |
| Interest Expense | $86M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $35M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | $866.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | -$385M |
| NET CASH FROM INVESTING | -$359M |
| Net Debt Issuance | $407M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$64M |
| NET CASH FROM FINANCING | $318M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $254M |
| PP&E (Net) | $222M |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $15.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $621M |
| TOTAL NON-CURRENT ASSETS | $17.9B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $0 |
| Short-Term Debt | $106M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13.7B |
| TOTAL NON-CURRENT LIABILITIES | $15.5B |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $142M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$295M |
| Accum. Other Comp. Income | -$237M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
