| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $103M | $67M | -13.4% | 33.1% |
| Op. Income | $50M | $55M | $24M | -9.0% | 104.6% |
| Gross Margin | 88.8% | 82.2% | 84.7% | 6.6pp | 4.2pp |
| Net Margin | 1.4% | -33.6% | 122.0% | 34.9pp | -120.6pp |
| EPS (Diluted) | $0.02 | $-0.55 | $0.98 | 103.5% | -98.0% |
| Free Cash Flow | $48M | $44M | $44M | 10.7% | 10.8% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $80M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $50M |
| Interest Income | $6M |
| Interest Expense | $6M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $80M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $50M |
| Interest Income | $6M |
| Interest Expense | $6M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $7M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$270.0K |
| Acquisitions (Net) | $21M |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $211.0K |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $34M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $401M |
| PP&E (Net) | $3M |
| Goodwill | $18M |
| Intangible Assets | $211M |
| Long-Term Investments | $508M |
| Tax Assets | $15M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $831M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $4M |
| Short-Term Debt | $192M |
| Deferred Revenue | $717.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $256M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $339M |
| TOTAL LIABILITIES | $563M |
| Common Stock | $626.0K |
| Additional Paid-In Capital | $690M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $669M |
| Minority Interest | $0 |
| TOTAL EQUITY | $669M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $451M |
| Net Debt | $190M |
