| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $80M | $66M | 15.4% | 40.5% |
| Op. Income | $3M | $6M | -$11M | -55.0% | 124.1% |
| Gross Margin | 90.7% | 90.3% | 54.2% | 0.5pp | 36.5pp |
| Net Margin | 0.5% | 7.9% | -18.3% | -7.4pp | 18.8pp |
| EPS (Diluted) | $0.03 | $0.47 | $-1.01 | -92.9% | 103.3% |
| Free Cash Flow | $35M | $26M | $13M | 36.8% | 161.1% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $31M |
| SG&A Expenses | $43M |
| Other Expenses | $38M |
| Operating Expenses | $81M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $3M |
| Interest Income | $439.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $839.0K |
| Income Tax Expense | $373.0K |
| Net Income from Continuing Ops | $466.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $466.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $466.0K |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $31M |
| SG&A Expenses | $43M |
| Other Expenses | $38M |
| Operating Expenses | $81M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $3M |
| Interest Income | $439.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $839.0K |
| Income Tax Expense | $373.0K |
| Net Income from Continuing Ops | $466.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $466.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $466.0K |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $466.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$50M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $62.0K |
| NET CASH FROM FINANCING | $62.0K |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $40M |
| Net Receivables | $166M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $272M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $116M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $325M |
| Retained Earnings | -$169M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $246.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $156M |
| Minority Interest | $0 |
| TOTAL EQUITY | $156M |
| TOTAL LIABILITIES & EQUITY | $272M |
| Total Debt | $76M |
| Net Debt | $41M |
