| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $83M | $77M | 17.5% | 25.5% |
| Op. Income | $8M | -$3M | -$4M | 326.8% | 299.4% |
| Gross Margin | 35.8% | 32.0% | 35.3% | 3.7pp | 0.5pp |
| Net Margin | -12.3% | -38.3% | 3.5% | 26.0pp | -15.8pp |
| EPS (Diluted) | $-0.13 | $-0.35 | $0.03 | 62.9% | -533.3% |
| Free Cash Flow | $9M | $16M | $17M | -40.8% | -45.3% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $8M |
| Interest Income | $646.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $4M |
| EBIT | $8M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$434.0K |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $362.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$36.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $3M |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $195M |
| PP&E (Net) | $103M |
| Goodwill | $51M |
| Intangible Assets | $200M |
| Long-Term Investments | $0 |
| Tax Assets | $87.0K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $362M |
| TOTAL ASSETS | $557M |
| Account Payables | $65M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $187M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $278M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $820M |
| Retained Earnings | -$612M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$775.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $207M |
| Minority Interest | $0 |
| TOTAL EQUITY | $207M |
| TOTAL LIABILITIES & EQUITY | $557M |
| Total Debt | $238M |
| Net Debt | $148M |
