| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $56M | $50M | 4.3% | 17.0% |
| Op. Income | $12M | $13M | -$1M | -6.5% | 1015.5% |
| Gross Margin | 52.9% | 55.4% | 44.2% | -2.6pp | 8.7pp |
| Net Margin | 13.9% | 19.7% | -2.5% | -5.8pp | 16.5pp |
| EPS (Diluted) | $0.32 | $0.44 | $-0.05 | -27.3% | 740.0% |
| Free Cash Flow | -$2M | $30M | $88M | -106.1% | -102.1% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $310.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $12M |
| Interest Income | $56M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $310.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $12M |
| Interest Income | $56M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $531.0K |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$409.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $82M |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $75M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $392M |
| PP&E (Net) | $20M |
| Goodwill | $44M |
| Intangible Assets | $9M |
| Long-Term Investments | $3.1B |
| Tax Assets | $31M |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $267M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $300M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $135M |
| Additional Paid-In Capital | $124M |
| Retained Earnings | $168M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $402M |
| Minority Interest | $0 |
| TOTAL EQUITY | $402M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $267M |
| Net Debt | -$37M |
