| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $43M | $11M | 27.7% | 379.8% |
| Op. Income | $6M | -$2M | -$5M | 371.2% | 215.3% |
| Gross Margin | 92.0% | 89.8% | 78.2% | 2.2pp | 13.8pp |
| Net Margin | 15.9% | -12.3% | -27.0% | 28.2pp | 42.8pp |
| EPS (Diluted) | $0.08 | $-0.07 | $-0.06 | 207.1% | 235.1% |
| Free Cash Flow | -$222M | -$29M | -$24M | -670.2% | -836.9% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $748.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $39M |
| Operating Expenses | $44M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $6M |
| Interest Income | $2M |
| Interest Expense | $126.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $9M |
| EBIT | $7M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $748.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $39M |
| Operating Expenses | $44M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $6M |
| Interest Income | $2M |
| Interest Expense | $126.0K |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $9M |
| EBIT | $7M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$126M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$103M |
| Capital Expenditure | -$119M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $135M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | -$273.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$155.0K |
| NET CASH FROM FINANCING | $257M |
| FREE CASH FLOW | -$222M |
| Net Change in Cash | $169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $260M |
| Short-Term Investments | $3M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $310M |
| PP&E (Net) | $400M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $413M |
| TOTAL ASSETS | $724M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $506.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $104.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$656M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $677M |
| Minority Interest | $0 |
| TOTAL EQUITY | $677M |
| TOTAL LIABILITIES & EQUITY | $724M |
| Total Debt | $2M |
| Net Debt | -$258M |
