| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $60M | $58M | 11.0% | 15.5% |
| Op. Income | $10M | $8M | $2M | 31.9% | 372.7% |
| Gross Margin | 80.5% | 80.0% | 80.9% | 0.5pp | -0.5pp |
| Net Margin | 18.9% | 15.8% | 11.2% | 3.2pp | 7.7pp |
| EPS (Diluted) | $0.17 | $0.13 | $0.09 | 30.8% | 99.3% |
| Free Cash Flow | $17M | $9M | $20M | 91.1% | -18.2% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $54M |
| R&D Expenses | $16M |
| Selling & Marketing | $21M |
| General & Administrative | $6M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $10M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $54M |
| R&D Expenses | $16M |
| Selling & Marketing | $21M |
| General & Administrative | $6M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $10M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$610.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $65.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $606.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $104M |
| Net Receivables | $65M |
| Inventory | $23M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $37M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $63M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $408M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $90M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $502M |
| Retained Earnings | -$59M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | $214.0K |
| Other Equity | -$51M |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $408M |
| Total Debt | $5M |
| Net Debt | -$73M |
