| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $173M | $170M | -2.4% | -0.4% |
| Op. Income | $68M | $69M | $81M | -1.7% | -16.1% |
| Gross Margin | 69.7% | 72.5% | 80.0% | -2.8pp | -10.4pp |
| Net Margin | 30.2% | 28.8% | 34.0% | 1.4pp | -3.8pp |
| EPS (Diluted) | $0.37 | $0.36 | $0.42 | 2.8% | -11.9% |
| Free Cash Flow | $70M | $24M | $84M | 188.0% | -16.8% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $11M |
| Operating Expenses | $50M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $68M |
| Interest Income | $165M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $11M |
| Operating Expenses | $50M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $68M |
| Interest Income | $165M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $353M |
| Other Investing Activities | $112M |
| NET CASH FROM INVESTING | $458M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$30.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $282M |
| NET CASH FROM FINANCING | -$920M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$391M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $478M |
| Short-Term Investments | $2.5B |
| Net Receivables | $268M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $36M |
| Goodwill | $766M |
| Intangible Assets | $11M |
| Long-Term Investments | $10.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $551M |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $7M |
| Short-Term Debt | $395M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.1B |
| TOTAL CURRENT LIABILITIES | $12.5B |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $232M |
| TOTAL NON-CURRENT LIABILITIES | $732M |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$275M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $895M |
| Net Debt | $417M |
