| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $29M | $12M | -21.6% | 96.4% |
| Op. Income | -$37M | -$12M | -$7M | -217.5% | -424.8% |
| Gross Margin | 31.9% | 47.6% | 23.9% | -15.8pp | 8.0pp |
| Net Margin | -170.8% | -41.3% | -62.1% | -129.6pp | -108.7pp |
| EPS (Diluted) | $-0.26 | $-0.09 | $-0.08 | -188.9% | -222.2% |
| Free Cash Flow | $8M | -$15M | -$15M | 157.9% | 156.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $30M |
| Operating Expenses | $44M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$37M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $628.2K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $8M |
| EBIT | -$15M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $176.0K |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $2M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $78M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $117M |
| TOTAL ASSETS | $376M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $2M |
| Additional Paid-In Capital | $432M |
| Retained Earnings | -$126M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $315M |
| Minority Interest | $0 |
| TOTAL EQUITY | $315M |
| TOTAL LIABILITIES & EQUITY | $376M |
| Total Debt | $11M |
| Net Debt | -$92M |
