| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $234M | — | -10.2% | — |
| Op. Income | -$1M | $42M | — | -103.5% | — |
| Gross Margin | 23.7% | 23.3% | — | 0.4pp | — |
| Net Margin | -2.5% | 10.8% | — | -13.4pp | — |
| EPS (Diluted) | $-0.10 | $0.24 | — | -141.7% | — |
| Free Cash Flow | -$72M | -$16M | — | -338.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $160M |
| GROSS PROFIT | $50M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $7M |
| Operating Expenses | $51M |
| Cost & Expenses | $211M |
| OPERATING INCOME | -$1M |
| Interest Income | $293.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $161.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $6M |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $4M |
| EBIT | -$286.0K |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $938.0K |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$70M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $203.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$258.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$641.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $271M |
| Inventory | $117M |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $530M |
| PP&E (Net) | $103M |
| Goodwill | $85M |
| Intangible Assets | $24M |
| Long-Term Investments | $40M |
| Tax Assets | $6M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $274M |
| TOTAL ASSETS | $805M |
| Account Payables | $122M |
| Short-Term Debt | $3M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $298M |
| Long-Term Debt | $472M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $174M |
| TOTAL NON-CURRENT LIABILITIES | $710M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$115M |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$204M |
| Minority Interest | $576.0K |
| TOTAL EQUITY | -$203M |
| TOTAL LIABILITIES & EQUITY | $805M |
| Total Debt | $534M |
| Net Debt | $503M |
