| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $8M | 5.0% | 26.5% |
| Op. Income | $281.0K | $586.0K | -$133.0K | -52.0% | 311.3% |
| Gross Margin | 73.5% | 75.3% | 74.3% | -1.8pp | -0.8pp |
| Net Margin | 6.3% | 6.0% | -2.8% | 0.3pp | 9.1pp |
| EPS (Diluted) | $0.04 | $0.02 | $-0.01 | 100.0% | 679.7% |
| Free Cash Flow | $978.0K | $501.0K | $842.0K | 95.2% | 16.2% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $281.0K |
| Interest Income | $830.0K |
| Interest Expense | $374.0K |
| Other Income/Expenses | $456.0K |
| INCOME BEFORE TAX | $737.0K |
| Income Tax Expense | $75.0K |
| Net Income from Continuing Ops | $662.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $662.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $662.0K |
| D&A | $448.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $281.0K |
| Interest Income | $830.0K |
| Interest Expense | $374.0K |
| Other Income/Expenses | $456.0K |
| INCOME BEFORE TAX | $737.0K |
| Income Tax Expense | $75.0K |
| Net Income from Continuing Ops | $662.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $662.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $662.0K |
| D&A | $448.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $662.0K |
| Depreciation & Amortization | $448.0K |
| Stock-Based Compensation | $388.0K |
| Deferred Income Tax | $75.0K |
| Other Non-Cash Items | $676.0K |
| Change in Working Capital | $29.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$34.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$126.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$572.0K |
| NET CASH FROM FINANCING | -$698.0K |
| FREE CASH FLOW | $978.0K |
| Net Change in Cash | $263.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $72M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $600.0K |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $367.0K |
| Additional Paid-In Capital | $141M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $0 |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $0 |
| Net Debt | -$48M |
