| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $80M | $76M | -4.7% | -0.5% |
| Op. Income | $17M | $23M | $22M | -25.4% | -20.1% |
| Gross Margin | 63.1% | 68.8% | 67.5% | -5.7pp | -4.5pp |
| Net Margin | 18.2% | 23.2% | 23.0% | -5.1pp | -4.8pp |
| EPS (Diluted) | $0.65 | $0.88 | $0.83 | -26.1% | -21.7% |
| Free Cash Flow | $16M | $7M | $24M | 125.3% | -35.3% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $581.0K |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $31M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $17M |
| Interest Income | $68M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $17M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $581.0K |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $31M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $17M |
| Interest Income | $68M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $17M |
| EBITDA | $20M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $574.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $589M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $711M |
| PP&E (Net) | $35M |
| Goodwill | $28M |
| Intangible Assets | $42M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $201M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $318M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $452M |
| Minority Interest | $0 |
| TOTAL EQUITY | $452M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $79M |
| Net Debt | -$42M |
