| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $197M | $172M | 5.3% | 21.2% |
| Op. Income | $18M | $18M | $3M | 0.5% | 559.6% |
| Gross Margin | 40.7% | 44.0% | 40.4% | -3.3pp | 0.4pp |
| Net Margin | 9.0% | 9.8% | 2.5% | -0.8pp | 6.5pp |
| EPS (Diluted) | $0.24 | $0.25 | $0.06 | -4.0% | 330.9% |
| Free Cash Flow | $18M | $13M | $15M | 32.0% | 21.4% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $85M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $18M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $85M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $18M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$269.0K |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $170M |
| Net Receivables | $117M |
| Inventory | $105M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $615M |
| PP&E (Net) | $229M |
| Goodwill | $200M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $93M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $539M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $52M |
| Short-Term Debt | $1M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $77.0K |
| Additional Paid-In Capital | $845M |
| Retained Earnings | $111M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $955M |
| Minority Interest | $0 |
| TOTAL EQUITY | $955M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $42M |
| Net Debt | -$143M |
