| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | $26M | 8.4% | 7.8% |
| Op. Income | $4M | $4M | $3M | 5.4% | 43.2% |
| Gross Margin | 56.8% | 62.0% | 63.2% | -5.2pp | -6.4pp |
| Net Margin | 12.3% | 12.4% | 9.0% | -0.1pp | 3.3pp |
| EPS (Diluted) | $0.96 | $0.90 | $0.66 | 6.7% | 45.5% |
| Free Cash Flow | $7M | -$2M | $14M | 424.8% | -49.7% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $247.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $4M |
| Interest Income | $24M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $550.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $244.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $247.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $4M |
| Interest Income | $24M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $550.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $244.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $244.0K |
| Stock-Based Compensation | $93.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $542.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$231.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$57.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $130M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $308M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $0 |
| Short-Term Debt | $170M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $9M |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $109M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118M |
| Minority Interest | $0 |
| TOTAL EQUITY | $118M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $200M |
| Net Debt | $22M |
