| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $132M | $169M | 15.2% | -10.1% |
| Op. Income | $18M | -$47M | -$2M | 138.3% | 1000.0% |
| Gross Margin | 78.3% | 64.4% | 64.5% | 13.9pp | 13.8pp |
| Net Margin | -13.8% | -31.8% | -2.4% | 18.0pp | -11.4pp |
| EPS (Diluted) | $-0.03 | $-0.07 | $-0.01 | 54.3% | -422.2% |
| Free Cash Flow | -$35M | -$59M | -$196M | 40.7% | 82.1% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $119M |
| R&D Expenses | $29M |
| Selling & Marketing | $25M |
| General & Administrative | $45M |
| SG&A Expenses | $70M |
| Other Expenses | $2M |
| Operating Expenses | $101M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $18M |
| Interest Income | $6M |
| Interest Expense | $1M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | -$29M |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $14M |
| EBIT | $14M |
| EBITDA | $28M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$215M |
| NET CASH FROM FINANCING | -$213M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$208M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $196M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $63M |
| Goodwill | $597M |
| Intangible Assets | $163M |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $950M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $17M |
| Short-Term Debt | $150M |
| Deferred Revenue | $183M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $508M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $575M |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $825M |
| Minority Interest | $0 |
| TOTAL EQUITY | $825M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $197M |
| Net Debt | -$13M |
