| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $93M | $86M | 1.6% | 10.8% |
| Op. Income | $3M | -$9M | -$53M | 128.7% | 104.9% |
| Gross Margin | 60.8% | 57.3% | 58.1% | 3.4pp | 2.7pp |
| Net Margin | -1.4% | -13.5% | -57.2% | 12.0pp | 55.8pp |
| EPS (Diluted) | $-0.01 | $-0.08 | $-0.31 | 89.1% | 97.3% |
| Free Cash Flow | $17M | $9M | $31M | 79.2% | -45.9% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $58M |
| R&D Expenses | $8M |
| Selling & Marketing | $11M |
| General & Administrative | $22M |
| SG&A Expenses | $33M |
| Other Expenses | $13M |
| Operating Expenses | $55M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$290.0K |
| 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 | $439.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$228.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$164.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | -$125.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $15M |
| Goodwill | $718M |
| Intangible Assets | $453M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $293M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $367M |
| TOTAL LIABILITIES | $490M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$135M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $306M |
| Net Debt | $73M |
