| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $82M | $80M | -0.2% | 2.4% |
| Op. Income | $13M | $16M | $22M | -18.3% | -40.1% |
| Gross Margin | 64.1% | 67.3% | 78.7% | -3.2pp | -14.6pp |
| Net Margin | 14.0% | 17.3% | 22.8% | -3.3pp | -8.9pp |
| EPS (Diluted) | $0.33 | $0.41 | $0.51 | -19.5% | -35.3% |
| Free Cash Flow | $23M | $6M | $27M | 289.3% | -15.0% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $128.0K |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $14M |
| Operating Expenses | $39M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $13M |
| Interest Income | $80M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $475.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $128.0K |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $14M |
| Operating Expenses | $39M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $13M |
| Interest Income | $80M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $475.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $475.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$941.0K |
| Acquisitions (Net) | -$50.0K |
| Purchases of Investments | -$493.0K |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | -$134M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$118M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $193M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $853M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $73M |
| Goodwill | $241M |
| Intangible Assets | $4M |
| Long-Term Investments | $5.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $440M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $404M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $166M |
| TOTAL NON-CURRENT LIABILITIES | $570M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $535M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $383M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $875M |
| Minority Interest | $0 |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $404M |
| Net Debt | $228M |
