| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $47M | $43M | -4.2% | 4.4% |
| Op. Income | $734.0K | $698.0K | $2M | 5.2% | -59.0% |
| Gross Margin | 85.6% | 86.8% | 86.7% | -1.2pp | -1.1pp |
| Net Margin | 0.5% | 0.6% | -1.0% | -0.1pp | 1.5pp |
| EPS (Diluted) | $0.00 | $0.01 | $-0.01 | -23.7% | 148.4% |
| Free Cash Flow | $13M | $7M | $16M | 90.8% | -22.8% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $38M |
| R&D Expenses | $10M |
| Selling & Marketing | $10M |
| General & Administrative | $13M |
| SG&A Expenses | $23M |
| Other Expenses | $5M |
| Operating Expenses | $38M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $734.0K |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$893.0K |
| INCOME BEFORE TAX | -$159.0K |
| Income Tax Expense | -$375.0K |
| Net Income from Continuing Ops | $216.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $216.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $216.0K |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $216.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$328.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$431.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $448.0K |
| Net Debt Issuance | $178.0K |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $39M |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $196M |
| PP&E (Net) | $5M |
| Goodwill | $126M |
| Intangible Assets | $55M |
| Long-Term Investments | $10M |
| Tax Assets | $13M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $214M |
| TOTAL ASSETS | $409M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $142M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $200M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $244M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $210M |
| Minority Interest | $0 |
| TOTAL EQUITY | $210M |
| TOTAL LIABILITIES & EQUITY | $409M |
| Total Debt | $145M |
| Net Debt | $60M |
