| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $301M | $349M | $266M | -14.0% | 12.8% |
| Op. Income | -$17M | -$3M | -$20M | -509.8% | 15.6% |
| Gross Margin | 47.4% | 46.6% | 44.9% | 0.8pp | 2.4pp |
| Net Margin | -4.3% | -1.3% | -6.9% | -3.0pp | 2.7pp |
| EPS (Diluted) | $-0.21 | $-0.07 | $-0.31 | -182.4% | 32.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $117M |
| General & Administrative | $26M |
| SG&A Expenses | $143M |
| Other Expenses | $16M |
| Operating Expenses | $159M |
| Cost & Expenses | $317M |
| OPERATING INCOME | -$17M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | $388.4K |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $9M |
| EBIT | -$15M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $184M |
| Net Receivables | $273M |
| Inventory | $255M |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $241M |
| Goodwill | $54M |
| Intangible Assets | $51M |
| Long-Term Investments | $53M |
| Tax Assets | $31M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $446M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $95M |
| Short-Term Debt | $275M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $521M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $104M |
| TOTAL LIABILITIES | $625M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $675M |
| Retained Earnings | -$101M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $571M |
| Minority Interest | $267M |
| TOTAL EQUITY | $838M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $367M |
| Net Debt | $164M |
