| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $171M | $166M | 0.4% | 3.7% |
| Op. Income | $18M | $26M | $23M | -30.0% | -21.0% |
| Gross Margin | 44.2% | 47.7% | 49.8% | -3.5pp | -5.6pp |
| Net Margin | 7.8% | 10.8% | 9.0% | -3.0pp | -1.3pp |
| EPS (Diluted) | $0.29 | $0.43 | $0.34 | -32.6% | -14.7% |
| Free Cash Flow | -$34M | $11M | $85M | -422.6% | -140.3% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $18M |
| Operating Expenses | $58M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $18M |
| Interest Income | $164M |
| Interest Expense | $84M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $40M |
| Other Expenses | $18M |
| Operating Expenses | $58M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $18M |
| Interest Income | $164M |
| Interest Expense | $84M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$778.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$116M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $389M |
| NET CASH FROM FINANCING | $262M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | $212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $626M |
| Short-Term Investments | $775M |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $84M |
| Goodwill | $156M |
| Intangible Assets | $4M |
| Long-Term Investments | $11.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $530M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.4B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $780M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $489M |
| Retained Earnings | $828M |
| Treasury Stock | -$86M |
| Accum. Other Comp. Income | -$73M |
| Other Equity | -$10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $832M |
| Net Debt | $206M |
