| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $29M | $24M | 6.5% | 28.3% |
| Op. Income | $5M | $4M | $5M | 38.7% | 9.8% |
| Gross Margin | 61.2% | 61.5% | 69.3% | -0.3pp | -8.1pp |
| Net Margin | 13.8% | 10.6% | 16.2% | 3.2pp | -2.4pp |
| EPS (Diluted) | $0.95 | $0.66 | $0.88 | 43.9% | 8.0% |
| Free Cash Flow | $7M | $2M | $7M | 283.6% | 0.9% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $428.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $5M |
| Interest Income | $26M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $885.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $527.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $428.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $5M |
| Interest Income | $26M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $885.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $527.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $527.0K |
| Stock-Based Compensation | $169.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$908.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$733.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$156.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $137M |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $466M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $705M |
| PP&E (Net) | $33M |
| Goodwill | $9M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.4B |
| Tax Assets | $9M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $260M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $278M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $5M |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $140M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $150M |
| Minority Interest | $0 |
| TOTAL EQUITY | $150M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $268M |
| Net Debt | $193M |
