| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $25M | $26M | 33.1% | 26.7% |
| Op. Income | $4M | -$8M | $11M | 148.6% | -62.9% |
| Gross Margin | 100.0% | 100.0% | 94.6% | 0.0pp | 5.4pp |
| Net Margin | 17.2% | -26.0% | 11.3% | 43.2pp | 5.8pp |
| EPS (Diluted) | $0.07 | $-0.08 | $0.04 | 187.4% | 82.4% |
| Free Cash Flow | -$21M | -$20M | -$18M | -5.6% | -13.7% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $33M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $61.0K |
| 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 | $429.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $33M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $61.0K |
| 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 | $429.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $429.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$188.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $77M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $12M |
| Goodwill | $949.0K |
| Intangible Assets | $620.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $139M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $96M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $687M |
| Retained Earnings | -$710M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $40.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$23M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$23M |
| TOTAL LIABILITIES & EQUITY | $139M |
| Total Debt | $11M |
| Net Debt | -$30M |
