| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $117M | $116M | 20.2% | 20.7% |
| Op. Income | $44M | $20M | $36M | 116.1% | 24.0% |
| Gross Margin | 36.3% | 26.7% | 65.6% | 9.6pp | -29.3pp |
| Net Margin | 7.8% | 24.1% | 5.3% | -16.3pp | 2.5pp |
| EPS (Diluted) | $0.10 | $0.27 | $0.06 | -63.0% | 75.4% |
| Free Cash Flow | $35M | -$33M | $72M | 207.4% | -50.7% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$33.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $588.0K |
| Other Income/Expenses | -$519.0K |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $33M |
| 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 | $47M |
| EBIT | $44M |
| EBITDA | $91M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$33.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $588.0K |
| Other Income/Expenses | -$519.0K |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $33M |
| 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 | $47M |
| EBIT | $44M |
| EBITDA | $91M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$355.0K |
| Other Non-Cash Items | -$270.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $128M |
| Inventory | $5M |
| Other Current Assets | $390.0K |
| TOTAL CURRENT ASSETS | $237M |
| PP&E (Net) | $617M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20M |
| Tax Assets | $57M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $701M |
| TOTAL ASSETS | $938M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $437M |
| Common Stock | $12M |
| Additional Paid-In Capital | $361M |
| Retained Earnings | $205M |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $501M |
| Minority Interest | $0 |
| TOTAL EQUITY | $501M |
| TOTAL LIABILITIES & EQUITY | $938M |
| Total Debt | $86M |
| Net Debt | -$3M |
