| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $159M | $145M | $137M | 9.7% | 16.5% |
| Op. Income | $35M | $47M | $45M | -26.6% | -22.6% |
| Gross Margin | 60.8% | 62.5% | 58.7% | -1.7pp | 2.0pp |
| Net Margin | 5.9% | 13.5% | 15.1% | -7.6pp | -9.2pp |
| EPS (Diluted) | $0.27 | $0.52 | $0.53 | -48.1% | -49.1% |
| Free Cash Flow | -$9M | $67M | $74M | -113.8% | -112.5% |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $35M |
| Interest Income | $3M |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $42M |
| EBIT | $34M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $35M |
| Interest Income | $3M |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $42M |
| EBIT | $34M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$244.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$268M |
| NET CASH FROM INVESTING | -$249M |
| Net Debt Issuance | $149M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $478.0K |
| NET CASH FROM FINANCING | $149M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $81M |
| Net Receivables | $228M |
| Inventory | $38M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $444M |
| PP&E (Net) | $21M |
| Goodwill | $146M |
| Intangible Assets | $947M |
| Long-Term Investments | $0 |
| Tax Assets | $73M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $3M |
| Short-Term Debt | $65M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $459M |
| Long-Term Debt | $803M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $123M |
| TOTAL NON-CURRENT LIABILITIES | $941M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $583M |
| Retained Earnings | -$177M |
| Treasury Stock | -$172M |
| Accum. Other Comp. Income | $393.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $234M |
| Minority Interest | $0 |
| TOTAL EQUITY | $234M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $874M |
| Net Debt | $835M |
