| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $10M | — | 20.6% | — |
| Op. Income | $2M | $1M | — | 31.2% | — |
| Gross Margin | 43.0% | 45.3% | — | -2.3pp | — |
| Net Margin | 10.7% | 8.0% | — | 2.7pp | — |
| EPS (Diluted) | $2.87 | $-0.11 | — | 2709.1% | — |
| Free Cash Flow | $2M | $978.0K | — | 127.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $5M |
| R&D Expenses | $562.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$189.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $396.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $923.0K |
| D&A | $221.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $5M |
| R&D Expenses | $562.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$189.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $396.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $923.0K |
| D&A | $221.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $221.0K |
| Stock-Based Compensation | $46.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22.0K |
| Change in Working Capital | $708.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$67.0K |
| Acquisitions (Net) | -$457.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $457.0K |
| NET CASH FROM INVESTING | -$67.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$619.0K |
| NET CASH FROM FINANCING | -$619.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $17M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $122.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $36M |
| Account Payables | $2M |
| Short-Term Debt | $660.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | -$660.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $866.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $80.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | -$110M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $34.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $2M |
| Net Debt | -$2M |
