| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $5M | 9.3% | 21.1% |
| Op. Income | -$5M | -$5M | -$9M | -6.5% | 47.7% |
| Gross Margin | 65.0% | 64.9% | 54.9% | 0.1pp | 10.2pp |
| Net Margin | -44.0% | -93.9% | -140.2% | 49.9pp | 96.2pp |
| EPS (Diluted) | $-0.06 | $-0.11 | $-0.15 | 49.3% | 62.8% |
| Free Cash Flow | -$3M | -$3M | -$5M | -11.1% | 41.9% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$5M |
| Interest Income | $654.0K |
| Interest Expense | $18.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$17.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $803.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $803.0K |
| Stock-Based Compensation | $982.0K |
| Deferred Income Tax | -$17.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$156.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6.0K |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$116.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $106.0K |
| NET CASH FROM FINANCING | -$10.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $27M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $2M |
| Goodwill | $18M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $83M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $0 |
| Additional Paid-In Capital | $260M |
| Retained Earnings | -$197M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $116.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $0 |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $1M |
| Net Debt | -$13M |
