| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $70M | $9M | 19.3% | 879.9% |
| Op. Income | $22M | $9M | -$26M | 161.9% | 186.3% |
| Gross Margin | 92.0% | 91.5% | 97.4% | 0.6pp | -5.4pp |
| Net Margin | 32.4% | 22.2% | 943.7% | 10.3pp | -911.3pp |
| EPS (Diluted) | $0.91 | $0.53 | $2.79 | 71.7% | -67.4% |
| Free Cash Flow | $58M | -$5M | -$23M | 1191.0% | 351.3% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $77M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $13M |
| Operating Expenses | $55M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $77M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $13M |
| Operating Expenses | $55M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $374M |
| Short-Term Investments | $214M |
| Net Receivables | $97M |
| Inventory | $19M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $713M |
| PP&E (Net) | $163M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $106M |
| Tax Assets | $0 |
| Other Non-Current Assets | $203.0K |
| TOTAL NON-CURRENT ASSETS | $269M |
| TOTAL ASSETS | $982M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $761.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $96M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$226M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $886M |
| Minority Interest | $0 |
| TOTAL EQUITY | $886M |
| TOTAL LIABILITIES & EQUITY | $982M |
| Total Debt | $7M |
| Net Debt | -$366M |
