| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $25M | $22M | -2.4% | 6.9% |
| Op. Income | -$4M | -$1M | -$6M | -190.4% | 32.7% |
| Gross Margin | 37.9% | 38.9% | 34.1% | -0.9pp | 3.8pp |
| Net Margin | -11.3% | -3.2% | -14.0% | -8.0pp | 2.7pp |
| EPS (Diluted) | $-0.23 | $-0.07 | $-0.26 | -234.8% | 13.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $9M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$4M |
| Interest Income | $729.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $80.5K |
| 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 | $0 |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $83M |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $210M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $14M |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $246M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $6M |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$82M |
| Treasury Stock | -$216.3K |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $171M |
| Minority Interest | -$9M |
| TOTAL EQUITY | $162M |
| TOTAL LIABILITIES & EQUITY | $246M |
| Total Debt | $8M |
| Net Debt | -$50M |
