| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $14M | $9M | 24.6% | 89.5% |
| Op. Income | $9M | $7M | $4M | 29.0% | 167.5% |
| Gross Margin | 95.0% | 93.5% | 89.8% | 1.5pp | 5.2pp |
| Net Margin | 42.2% | 40.8% | 30.4% | 1.4pp | 11.8pp |
| EPS (Diluted) | $1.17 | $0.90 | $0.44 | 30.0% | 165.9% |
| Free Cash Flow | $8M | $6M | $3M | 42.6% | 142.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $891.0K |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $47.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $9M |
| Interest Income | $15M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $121.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $891.0K |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $47.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $9M |
| Interest Income | $15M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $121.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $121.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$134.0K |
| Change in Working Capital | $770.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $131M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$202.0K |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $640M |
| Short-Term Investments | $295M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | -$628M |
| TOTAL CURRENT ASSETS | $312M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $598M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$598M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $25.0K |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $10M |
| Net Debt | -$630M |
