| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $11M | 17.4% | -3.7% |
| Op. Income | $536.9K | -$602.6K | $308.8K | 189.1% | 73.8% |
| Gross Margin | 62.6% | 59.9% | 58.3% | 2.7pp | 4.4pp |
| Net Margin | 1.9% | -5.9% | 1.0% | 7.8pp | 0.9pp |
| EPS (Diluted) | $-0.07 | $-0.22 | $-0.08 | 66.4% | 7.5% |
| Free Cash Flow | -$57.3K | -$3M | $522.8K | 98.3% | -111.0% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $536.9K |
| Interest Income | $0 |
| Interest Expense | $263.7K |
| Other Income/Expenses | -$261.2K |
| INCOME BEFORE TAX | $275.8K |
| Income Tax Expense | $79.8K |
| Net Income from Continuing Ops | $196.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$367.3K |
| D&A | $832.5K |
| EBIT | $539.4K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $536.9K |
| Interest Income | $0 |
| Interest Expense | $263.7K |
| Other Income/Expenses | -$261.2K |
| INCOME BEFORE TAX | $275.8K |
| Income Tax Expense | $79.8K |
| Net Income from Continuing Ops | $196.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $196.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$367.3K |
| D&A | $832.5K |
| EBIT | $539.4K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $196.0K |
| Depreciation & Amortization | $832.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $141.0K |
| Change in Working Capital | -$368.8K |
| OPERATING CASH FLOW | $800.7K |
| Capital Expenditure | -$858.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$858.0K |
| Net Debt Issuance | $80.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $80.6K |
| FREE CASH FLOW | -$57.3K |
| Net Change in Cash | $23.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279.8K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $29M |
| Other Current Assets | $296.0K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $73M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.8K |
| TOTAL NON-CURRENT ASSETS | $73M |
| TOTAL ASSETS | $107M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $107M |
| Total Debt | $26M |
| Net Debt | $26M |
