| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $138M | $125M | 2.3% | 12.4% |
| Op. Income | $29M | $31M | $32M | -8.1% | -10.7% |
| Gross Margin | 66.1% | 68.9% | 70.3% | -2.8pp | -4.2pp |
| Net Margin | 15.9% | 17.8% | 20.1% | -1.9pp | -4.2pp |
| EPS (Diluted) | $0.79 | $0.88 | $1.00 | -10.2% | -21.0% |
| Free Cash Flow | $47M | $20M | $19M | 137.0% | 154.2% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $25M |
| Operating Expenses | $65M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $29M |
| Interest Income | $119M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $25M |
| Operating Expenses | $65M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $29M |
| Interest Income | $119M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $549.0K |
| Deferred Income Tax | $29.0K |
| Other Non-Cash Items | $560.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$109M |
| NET CASH FROM INVESTING | -$105M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $574M |
| Short-Term Investments | $497M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $83M |
| Goodwill | $93M |
| Intangible Assets | $88M |
| Long-Term Investments | $6.5B |
| Tax Assets | $40M |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $9M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $359M |
| TOTAL NON-CURRENT LIABILITIES | $435M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $547M |
| Retained Earnings | $517M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $87M |
| Net Debt | -$487M |
