| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $85M | $68M | 31.1% | 63.1% |
| Op. Income | $69M | $42M | $28M | 64.2% | 145.7% |
| Gross Margin | 81.6% | 77.3% | 75.8% | 4.3pp | 5.8pp |
| Net Margin | 62.0% | 49.5% | 41.2% | 12.5pp | 20.8pp |
| EPS (Diluted) | $0.42 | $0.25 | $0.19 | 68.0% | 121.1% |
| Free Cash Flow | $93M | $59M | -$115M | 56.5% | 180.2% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $17M |
| Operating Expenses | $22M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $69M |
| Interest Income | $119M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $91.0K |
| EBIT | $69M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $17M |
| Operating Expenses | $22M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $69M |
| Interest Income | $119M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $91.0K |
| EBIT | $69M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30.0K |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$63M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.6B |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $3.7B |
| Account Payables | $47M |
| Short-Term Debt | $598.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$598.0K |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $163.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
