| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $141M | $175M | 25.4% | 0.9% |
| Op. Income | $10M | $8M | $6M | 28.7% | 57.6% |
| Gross Margin | 66.4% | 77.5% | 64.8% | -11.2pp | 1.5pp |
| Net Margin | -5.2% | -2.4% | -0.4% | -2.8pp | -4.8pp |
| EPS (Diluted) | $-0.05 | $-0.02 | $-0.00 | -173.1% | -1406.1% |
| Free Cash Flow | $23M | $19M | $21M | 21.1% | 8.2% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $117M |
| R&D Expenses | $20M |
| Selling & Marketing | $31M |
| General & Administrative | $34M |
| SG&A Expenses | $65M |
| Other Expenses | $22M |
| Operating Expenses | $107M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $742.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $22M |
| EBIT | $10M |
| EBITDA | $32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$30.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $857.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $7M |
| Goodwill | $921M |
| Intangible Assets | $288M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $524M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $572M |
| TOTAL LIABILITIES | $680M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$649M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $771M |
| Minority Interest | $0 |
| TOTAL EQUITY | $771M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $529M |
| Net Debt | $427M |
