| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $48M | $45M | -6.6% | -0.2% |
| Op. Income | -$2M | -$849.0K | $2M | -189.0% | -214.8% |
| Gross Margin | 5.1% | 9.0% | 15.0% | -3.9pp | -9.9pp |
| Net Margin | -4.5% | -1.4% | 3.9% | -3.1pp | -8.4pp |
| EPS (Diluted) | $-0.10 | $-0.04 | $0.08 | -154.9% | -228.5% |
| Free Cash Flow | $58.0K | $361.0K | $1M | -83.9% | -95.7% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $869.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$456.0K |
| 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 | $59.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $59.0K |
| Stock-Based Compensation | $3.0K |
| Deferred Income Tax | -$752.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $424.0K |
| OPERATING CASH FLOW | $90.0K |
| Capital Expenditure | -$32.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $58.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $41M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | -$116M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $231M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$233M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $387M |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $281M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $46M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | -$4.0K |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $387M |
| Total Debt | $38M |
| Net Debt | $15M |
