| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $20M | $22M | -10.5% | -17.4% |
| Op. Income | $1M | $185.5K | -$15M | 570.1% | 108.1% |
| Gross Margin | 26.4% | 30.1% | 29.5% | -3.7pp | -3.1pp |
| Net Margin | 8.9% | 5.6% | -73.1% | 3.3pp | 82.0pp |
| EPS (Diluted) | $0.09 | $0.73 | $-61.35 | -87.8% | 100.1% |
| Free Cash Flow | $2M | -$349.0K | $14.1K | 800.9% | 17189.9% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $3M |
| Selling & Marketing | $75.1K |
| General & Administrative | $849.6K |
| SG&A Expenses | $924.6K |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $1M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $368.4K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $11.8K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $5M |
| R&D Expenses | $3M |
| Selling & Marketing | $75.1K |
| General & Administrative | $849.6K |
| SG&A Expenses | $924.6K |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $1M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $368.4K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $11.8K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $49.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$1.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $21M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $321.0K |
| TOTAL CURRENT ASSETS | $180M |
| PP&E (Net) | $286.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $13.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $65.1K |
| TOTAL NON-CURRENT ASSETS | $365.7K |
| TOTAL ASSETS | $181M |
| Account Payables | $3M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $99.3K |
| TOTAL LIABILITIES | $30M |
| Common Stock | $5M |
| Additional Paid-In Capital | $154M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $148M |
| Minority Interest | $3M |
| TOTAL EQUITY | $151M |
| TOTAL LIABILITIES & EQUITY | $181M |
| Total Debt | $24M |
| Net Debt | -$124M |
