| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $25M | $23M | 4.6% | 12.5% |
| Op. Income | $4M | $4M | $5M | -6.1% | -28.2% |
| Gross Margin | 62.8% | 65.5% | 74.9% | -2.6pp | -12.0pp |
| Net Margin | 12.4% | 13.8% | 18.8% | -1.4pp | -6.4pp |
| EPS (Diluted) | $0.44 | $0.46 | $0.58 | -4.3% | -24.1% |
| Free Cash Flow | $3M | $5M | $3M | -34.1% | 21.7% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $588.0K |
| SG&A Expenses | $10M |
| Other Expenses | $2M |
| Operating Expenses | $13M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $4M |
| Interest Income | $23M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $561.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $530.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $588.0K |
| SG&A Expenses | $10M |
| Other Expenses | $2M |
| Operating Expenses | $13M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $4M |
| Interest Income | $23M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $561.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $530.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $530.0K |
| Stock-Based Compensation | $79.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$361.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $507M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $48M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $125M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $213M |
| Minority Interest | $0 |
| TOTAL EQUITY | $213M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $97M |
| Net Debt | $70M |
