| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $7M | 2.9% | 194.3% |
| Op. Income | $828.0K | $2M | -$4M | -56.7% | 120.2% |
| Gross Margin | 62.4% | 62.0% | 44.6% | 0.4pp | 17.8pp |
| Net Margin | 4.9% | 10.2% | -57.8% | -5.3pp | 62.7pp |
| EPS (Diluted) | $0.04 | $0.09 | $-0.19 | -49.9% | 123.1% |
| Free Cash Flow | -$2M | $1M | -$1M | -247.8% | -42.8% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $12M |
| Operating Expenses | $12M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $828.0K |
| Interest Income | $281.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $119.0K |
| INCOME BEFORE TAX | $947.0K |
| Income Tax Expense | -$78.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $438.0K |
| EBIT | $828.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $12M |
| Operating Expenses | $12M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $828.0K |
| Interest Income | $281.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $119.0K |
| INCOME BEFORE TAX | $947.0K |
| Income Tax Expense | -$78.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $438.0K |
| EBIT | $828.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $438.0K |
| Stock-Based Compensation | $819.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$689.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$689.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $20M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $8M |
| Goodwill | $2M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $59M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $818.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $28.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | -$66M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$646.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $2M |
| Net Debt | -$18M |
