| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $124M | $120M | -0.2% | 3.3% |
| Op. Income | -$879.2K | -$4M | -$7M | 76.2% | 86.9% |
| Gross Margin | 5.0% | 3.6% | 4.7% | 1.4pp | 0.3pp |
| Net Margin | 0.5% | -2.8% | -6.7% | 3.2pp | 7.2pp |
| EPS (Diluted) | $0.01 | $-0.05 | $-0.10 | 115.1% | 106.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $6M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | -$35.5K |
| Operating Expenses | $7M |
| Cost & Expenses | $125M |
| OPERATING INCOME | -$879.2K |
| Interest Income | $256.1K |
| Interest Expense | $25.7K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $578.8K |
| Income Tax Expense | -$13.2K |
| Net Income from Continuing Ops | $591.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $591.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $591.9K |
| D&A | $0 |
| EBIT | $604.5K |
| EBITDA | $604.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $591.9K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $431.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| 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 | $19M |
| Short-Term Investments | $9M |
| Net Receivables | $109M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $2M |
| Goodwill | $12M |
| Intangible Assets | $946.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $160M |
| Account Payables | $83M |
| Short-Term Debt | $2M |
| Deferred Revenue | $368.8K |
| Other Current Liabilities | $146 |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $209.2K |
| Deferred Tax Liabilities | $236.6K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $877 |
| Additional Paid-In Capital | $368M |
| Retained Earnings | -$316M |
| Treasury Stock | -$149.8K |
| Accum. Other Comp. Income | -$296.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $160M |
| Total Debt | $3M |
| Net Debt | -$16M |
