| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $134M | $127M | 0.4% | 6.1% |
| Op. Income | $23M | $26M | $29M | -9.9% | -19.0% |
| Gross Margin | 45.8% | 47.1% | 50.6% | -1.3pp | -4.8pp |
| Net Margin | 12.7% | 14.2% | 16.8% | -1.5pp | -4.1pp |
| EPS (Diluted) | $0.41 | $0.46 | $0.51 | -10.9% | -19.6% |
| Free Cash Flow | -$16M | $22M | $26M | -170.5% | -159.1% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $635.0K |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $39M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $23M |
| Interest Income | $129M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $635.0K |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $39M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $23M |
| Interest Income | $129M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $44M |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$79.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$52M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $647M |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $941M |
| PP&E (Net) | $43M |
| Goodwill | $208M |
| Intangible Assets | $5M |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $392M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $0 |
| Short-Term Debt | $615M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $207M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $587M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $619M |
| Treasury Stock | -$76M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $837M |
| Net Debt | $590M |
