| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $60M | $51M | 1.3% | 17.7% |
| Op. Income | $23M | $23M | $16M | -3.0% | 44.8% |
| Gross Margin | 60.1% | 61.0% | 52.9% | -0.9pp | 7.2pp |
| Net Margin | 27.6% | 28.4% | 22.2% | -0.8pp | 5.4pp |
| EPS (Diluted) | $0.65 | $0.66 | $0.45 | -1.5% | 44.4% |
| Free Cash Flow | -$12M | $19M | $16M | -161.9% | -172.2% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $145.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $23M |
| Interest Income | $54M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $726.0K |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $145.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $23M |
| Interest Income | $54M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $726.0K |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $726.0K |
| Stock-Based Compensation | $837.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$280.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $137.0K |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $18M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $313M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $375M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $435M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $253.0K |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $348M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $407M |
| Minority Interest | $0 |
| TOTAL EQUITY | $407M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $382M |
| Net Debt | $104M |
