| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $1M | $2M | 279.5% | 241.0% |
| Op. Income | -$10M | -$7M | -$6M | -43.9% | -69.2% |
| Gross Margin | 100.0% | 99.9% | 97.6% | 0.1pp | 2.4pp |
| Net Margin | 282.7% | -576.8% | -325.7% | 859.6pp | 608.4pp |
| EPS (Diluted) | $1.25 | $-0.86 | $-0.47 | 245.3% | 366.0% |
| Free Cash Flow | $3M | -$6M | -$7M | 149.2% | 137.8% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $6M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $4M |
| Operating Expenses | $16M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3.0K |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $205.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$53.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $317.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $696.0K |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $386.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $81M |
| TOTAL ASSETS | $243M |
| Account Payables | $982.0K |
| Short-Term Debt | $6M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $125M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $87.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $243M |
| Total Debt | $122M |
| Net Debt | -$22M |
