| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $9M | -9.0% | 5.0% |
| Op. Income | -$11M | -$10M | -$11M | -13.9% | -1.9% |
| Gross Margin | 62.4% | 66.1% | 58.1% | -3.7pp | 4.4pp |
| Net Margin | -113.9% | -89.3% | -119.2% | -24.6pp | 5.3pp |
| EPS (Diluted) | $-0.50 | $-0.43 | $-0.53 | -16.3% | 5.7% |
| Free Cash Flow | -$7M | -$7M | -$373.0K | -3.0% | -1817.4% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $6M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $280.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $617.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $113.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$67.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$223.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$17.0K |
| Common Stock Repurchased | -$558.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$575.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $8M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $5M |
| Goodwill | $9M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $85M |
| Account Payables | $5M |
| Short-Term Debt | $753.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $64.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | -$342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | $0 |
| TOTAL EQUITY | $70M |
| TOTAL LIABILITIES & EQUITY | $85M |
| Total Debt | $6M |
| Net Debt | -$19M |
