| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $103M | $100M | 11.2% | 14.8% |
| Op. Income | $6M | -$1M | $2M | 621.7% | 191.7% |
| Gross Margin | 58.0% | 55.7% | 56.7% | 2.3pp | 1.3pp |
| Net Margin | 3.5% | -0.7% | 2.1% | 4.1pp | 1.4pp |
| EPS (Diluted) | $0.13 | $-0.02 | $0.07 | 685.6% | 93.5% |
| Free Cash Flow | -$14M | -$3M | -$25M | -408.6% | 44.0% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | -$3M |
| Operating Expenses | $61M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $6M |
| Interest Income | $464.0K |
| Interest Expense | $659.0K |
| Other Income/Expenses | -$195.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | -$3M |
| Operating Expenses | $61M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $6M |
| Interest Income | $464.0K |
| Interest Expense | $659.0K |
| Other Income/Expenses | -$195.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $34.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $177.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $657.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$96.0K |
| NET CASH FROM FINANCING | $561.0K |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $3M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $115M |
| PP&E (Net) | $232M |
| Goodwill | $11M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $23M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $289M |
| TOTAL ASSETS | $404M |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $234M |
| Common Stock | $48M |
| Additional Paid-In Capital | $49M |
| Retained Earnings | $72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $170M |
| Minority Interest | $0 |
| TOTAL EQUITY | $170M |
| TOTAL LIABILITIES & EQUITY | $404M |
| Total Debt | $171M |
| Net Debt | $117M |
