| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $96M | $87M | 6.9% | 17.7% |
| Op. Income | $15M | $10M | $7M | 41.3% | 119.3% |
| Gross Margin | 34.0% | 34.8% | 34.7% | -0.8pp | -0.7pp |
| Net Margin | 11.9% | 8.2% | 3.9% | 3.7pp | 8.0pp |
| EPS (Diluted) | $0.14 | $0.09 | $0.04 | 57.1% | 255.3% |
| Free Cash Flow | $11M | -$416.0K | $11M | 2641.3% | -2.6% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $35M |
| R&D Expenses | $9M |
| Selling & Marketing | $11M |
| General & Administrative | $688.0K |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $580.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $35M |
| R&D Expenses | $9M |
| Selling & Marketing | $11M |
| General & Administrative | $688.0K |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $580.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $907.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$249.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $265.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $60M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $234M |
| PP&E (Net) | $52M |
| Goodwill | $8M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $317M |
| Account Payables | $75M |
| Short-Term Debt | $25M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $132M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $670.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $441M |
| Retained Earnings | -$255M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $317M |
| Total Debt | $41M |
| Net Debt | $7M |
