| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $156M | $144M | 8.8% | 17.8% |
| Op. Income | $26M | $11M | $18M | 132.8% | 41.1% |
| Gross Margin | 82.6% | 83.3% | 81.6% | -0.6pp | 1.0pp |
| Net Margin | 10.7% | 4.8% | 9.3% | 5.9pp | 1.5pp |
| EPS (Diluted) | $0.10 | $0.04 | $0.08 | 135.3% | 30.4% |
| Free Cash Flow | $48M | $29M | $31M | 68.5% | 56.7% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $140M |
| R&D Expenses | $39M |
| Selling & Marketing | $41M |
| General & Administrative | $23M |
| SG&A Expenses | $64M |
| Other Expenses | $11M |
| Operating Expenses | $114M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $26M |
| Interest Income | $3M |
| Interest Expense | $353.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $11M |
| EBIT | $30M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $140M |
| R&D Expenses | $39M |
| Selling & Marketing | $41M |
| General & Administrative | $23M |
| SG&A Expenses | $64M |
| Other Expenses | $11M |
| Operating Expenses | $114M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $26M |
| Interest Income | $3M |
| Interest Expense | $353.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $11M |
| EBIT | $30M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | -$378.0K |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $324.0K |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $51M |
| Net Receivables | $193M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $580M |
| PP&E (Net) | $138M |
| Goodwill | $438M |
| Intangible Assets | $120M |
| Long-Term Investments | $0 |
| Tax Assets | $32M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $733M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $173.0K |
| Additional Paid-In Capital | $949M |
| Retained Earnings | $232M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$163.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $94M |
| Net Debt | -$218M |
