| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $116M | $98M | -0.3% | 17.9% |
| Op. Income | -$7M | -$7M | -$8M | -3.3% | 8.5% |
| Gross Margin | 74.9% | 74.0% | 75.2% | 0.8pp | -0.3pp |
| Net Margin | -6.8% | -6.9% | -9.2% | 0.1pp | 2.4pp |
| EPS (Diluted) | $-0.17 | $-0.17 | $-0.20 | 0.0% | 15.0% |
| Free Cash Flow | $16M | $5M | -$2M | 228.2% | 877.8% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $87M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $123M |
| OPERATING INCOME | -$7M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$126.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $322.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $5M |
| EBIT | -$6M |
| EBITDA | -$936.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $311.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$25.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $25.0K |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$269.0K |
| Common Stock Repurchased | -$63.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$67.0K |
| NET CASH FROM FINANCING | -$333.0K |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $77M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $269M |
| PP&E (Net) | $50M |
| Goodwill | $235M |
| Intangible Assets | $58M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $615M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $62M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $851M |
| Retained Earnings | -$386M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$147.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $465M |
| Minority Interest | $0 |
| TOTAL EQUITY | $465M |
| TOTAL LIABILITIES & EQUITY | $615M |
| Total Debt | $77M |
| Net Debt | -$53M |
