| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $28M | $29M | 6.9% | 4.3% |
| Op. Income | -$3M | -$3M | $3M | -15.1% | -202.4% |
| Gross Margin | 42.2% | 17.6% | 60.8% | 24.7pp | -18.6pp |
| Net Margin | -6.6% | -7.9% | 8.7% | 1.3pp | -15.3pp |
| EPS (Diluted) | $-0.23 | $-0.25 | $0.28 | 8.0% | -182.1% |
| Free Cash Flow | $1M | $8M | -$3M | -86.8% | 139.9% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $409.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$3M |
| Interest Income | $28M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $347.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $347.0K |
| Stock-Based Compensation | $396.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$69.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$193.0K |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $32M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$652.0K |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$457.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $311M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $403M |
| PP&E (Net) | $28M |
| Goodwill | $1M |
| Intangible Assets | $4M |
| Long-Term Investments | $1.7B |
| Tax Assets | $11M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $2M |
| Short-Term Debt | $136M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $199M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $161M |
| Minority Interest | $0 |
| TOTAL EQUITY | $161M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $353M |
| Net Debt | $270M |
