| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $24M | $23M | -6.2% | -2.9% |
| Op. Income | $938.0K | $2M | -$512.0K | -61.3% | 283.2% |
| Gross Margin | 69.3% | 70.6% | 67.0% | -1.3pp | 2.3pp |
| Net Margin | 6.7% | 9.2% | -1.6% | -2.5pp | 8.3pp |
| EPS (Diluted) | $0.05 | $0.07 | $-0.01 | -31.2% | 506.9% |
| Free Cash Flow | $2M | $8M | $980.0K | -77.2% | 76.9% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $15M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $938.0K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $521.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $325.0K |
| EBIT | $938.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $15M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $938.0K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $521.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $325.0K |
| EBIT | $938.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $325.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$213.0K |
| Other Non-Cash Items | $426.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$14.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $160.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $98M |
| PP&E (Net) | $5M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $21.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $120M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $887.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $406M |
| Retained Earnings | -$325M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $0 |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $120M |
| Total Debt | $4M |
| Net Debt | -$79M |
