| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $133M | $132M | -4.4% | -3.6% |
| Op. Income | $11M | $7M | $13M | 62.4% | -13.6% |
| Gross Margin | 31.3% | 27.7% | 30.3% | 3.6pp | 1.0pp |
| Net Margin | 8.1% | 4.6% | 8.6% | 3.6pp | -0.4pp |
| EPS (Diluted) | $0.57 | $0.33 | $0.61 | 72.7% | -6.6% |
| Free Cash Flow | $10M | -$5M | $3M | 315.1% | 211.7% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $11M |
| Interest Income | $431.0K |
| Interest Expense | $124.0K |
| Other Income/Expenses | $307.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $5M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $11M |
| Interest Income | $431.0K |
| Interest Expense | $124.0K |
| Other Income/Expenses | $307.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $5M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $466.0K |
| Deferred Income Tax | $290.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$138.0K |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $351.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $113M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $94M |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $290M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $130M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | -$21M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $159M |
| Minority Interest | $0 |
| TOTAL EQUITY | $159M |
| TOTAL LIABILITIES & EQUITY | $290M |
| Total Debt | $70M |
| Net Debt | $19M |
