| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $51M | $47M | -16.6% | -9.1% |
| Op. Income | -$4M | -$5M | $955.0K | 25.4% | -489.1% |
| Gross Margin | 62.5% | 66.2% | 64.4% | -3.7pp | -1.9pp |
| Net Margin | -14.2% | -6.3% | -3.6% | -7.9pp | -10.6pp |
| EPS (Diluted) | $-0.10 | $-0.06 | $-0.03 | -79.5% | -240.1% |
| Free Cash Flow | -$3M | -$576.0K | -$1M | -432.8% | -107.2% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $20M |
| SG&A Expenses | $27M |
| Other Expenses | $3M |
| Operating Expenses | $30M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $733.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $3M |
| EBIT | -$4M |
| EBITDA | -$713.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $74.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$531.0K |
| Common Stock Repurchased | -$73.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$221.0K |
| NET CASH FROM FINANCING | -$825.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $65M |
| Goodwill | $82M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $195M |
| TOTAL ASSETS | $208M |
| Account Payables | $7M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $105M |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$188.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $208M |
| Total Debt | $102M |
| Net Debt | $96M |
