| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $60M | $60M | -3.7% | -3.2% |
| Op. Income | $1M | $5M | -$85M | -77.0% | 101.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -6.1% | -0.5% | -112.3% | -5.7pp | 106.2pp |
| EPS (Diluted) | $-2.33 | $-0.18 | $-45.08 | -1194.4% | 94.8% |
| Free Cash Flow | -$5M | $6M | -$6M | -197.9% | 10.4% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $358.2K |
| SG&A Expenses | $358.2K |
| Other Expenses | $57M |
| Operating Expenses | $57M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $358.2K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$642.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$642.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$52.7K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$52.7K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $80M |
| Goodwill | $0 |
| Intangible Assets | $395M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $484M |
| TOTAL ASSETS | $571M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $371M |
| TOTAL LIABILITIES | $426M |
| Common Stock | $34.6K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | $21M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | $346.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $571M |
| Total Debt | $303M |
| Net Debt | $275M |
