| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $48M | $49M | 2.0% | 0.6% |
| Op. Income | $3M | $1M | $13M | 84.0% | -78.9% |
| Gross Margin | 31.6% | 28.4% | 51.1% | 3.2pp | -19.5pp |
| Net Margin | 3.9% | 2.3% | 19.9% | 1.6pp | -16.0pp |
| EPS (Diluted) | $0.24 | $0.14 | $1.25 | 71.4% | -80.8% |
| Free Cash Flow | -$672.0K | $7M | $13M | -109.9% | -105.3% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $73.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $3M |
| Interest Income | $48M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $786.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $934.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $73.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $3M |
| Interest Income | $48M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $786.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $934.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $934.0K |
| Stock-Based Compensation | $623.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$557.0K |
| Capital Expenditure | -$115.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$231.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$672.0K |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $276M |
| Short-Term Investments | $109M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $399M |
| PP&E (Net) | $25M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.6B |
| Tax Assets | $9M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $159M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $205M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $118M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268M |
| Minority Interest | $0 |
| TOTAL EQUITY | $268M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $159M |
| Net Debt | -$116M |
