| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $122M | $107M | 2.0% | 16.7% |
| Op. Income | $7M | $5M | $12M | 51.8% | -38.2% |
| Gross Margin | 40.2% | 41.7% | 51.2% | -1.5pp | -11.0pp |
| Net Margin | 5.0% | 3.7% | 8.5% | 1.2pp | -3.6pp |
| EPS (Diluted) | $0.06 | $0.04 | $0.09 | 51.7% | -32.1% |
| Free Cash Flow | -$31M | $17M | $41M | -280.6% | -176.2% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $766.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $13M |
| Operating Expenses | $43M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $7M |
| Interest Income | $114M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $766.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $13M |
| Operating Expenses | $43M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $7M |
| Interest Income | $114M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $7M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | -$28M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$263M |
| Common Stock Repurchased | -$495.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $171M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $284M |
| Short-Term Investments | $1.3B |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $82M |
| Goodwill | $0 |
| Intangible Assets | $122M |
| Long-Term Investments | $8.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $681M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.0B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $229M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $903M |
| Treasury Stock | -$461M |
| Accum. Other Comp. Income | -$131M |
| Other Equity | -$32M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
