| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $33M | $32M | 67.4% | 71.2% |
| Op. Income | -$23M | $278.0K | $9M | -8203.2% | -339.9% |
| Gross Margin | 27.4% | 58.4% | 74.8% | -31.0pp | -47.4pp |
| Net Margin | -29.8% | 0.6% | 20.3% | -30.3pp | -50.1pp |
| EPS (Diluted) | $-0.59 | $0.01 | $0.35 | -6000.0% | -268.6% |
| Free Cash Flow | $18M | $171.0K | $11M | 10494.7% | 62.4% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $22M |
| Operating Expenses | $38M |
| Cost & Expenses | $78M |
| OPERATING INCOME | -$23M |
| Interest Income | $54M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $1M |
| EBIT | -$23M |
| EBITDA | -$21M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$183.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $345M |
| NET CASH FROM INVESTING | $355M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$341.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $162M |
| NET CASH FROM FINANCING | $137M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $510M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $159M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $274M |
| PP&E (Net) | $29M |
| Goodwill | $113M |
| Intangible Assets | $23M |
| Long-Term Investments | $3.2B |
| Tax Assets | $46M |
| Other Non-Current Assets | $645M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $69M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $124M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $442M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $498M |
| Minority Interest | $0 |
| TOTAL EQUITY | $498M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $88M |
| Net Debt | -$27M |
