| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $102M | $85M | -14.8% | 2.5% |
| Op. Income | $15M | $30M | $16M | -51.7% | -11.6% |
| Gross Margin | 53.1% | 60.8% | 59.7% | -7.6pp | -6.6pp |
| Net Margin | 15.5% | 25.1% | 16.5% | -9.6pp | -1.0pp |
| EPS (Diluted) | $0.84 | $1.62 | $0.88 | -48.1% | -4.5% |
| Free Cash Flow | -$299.0K | $35M | $43M | -100.9% | -100.7% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $371.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $14M |
| Operating Expenses | $32M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $15M |
| Interest Income | $78M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $371.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $14M |
| Operating Expenses | $32M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $15M |
| Interest Income | $78M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $494.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | $80M |
| Net Debt Issuance | -$147M |
| Common Stock Repurchased | -$26.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $173M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$299.0K |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $887M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $72M |
| Goodwill | $58M |
| Intangible Assets | $3M |
| Long-Term Investments | $4.6B |
| Tax Assets | $41M |
| Other Non-Current Assets | $230M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $27M |
| Short-Term Debt | $55M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $267M |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $161.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $478M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $500M |
| Minority Interest | $0 |
| TOTAL EQUITY | $500M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $213M |
| Net Debt | -$37M |
