| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $72M | $51M | -3.2% | 36.7% |
| Op. Income | $13M | $17M | $5M | -23.2% | 150.3% |
| Gross Margin | 74.3% | 71.8% | 72.2% | 2.4pp | 2.1pp |
| Net Margin | 16.5% | -2.8% | 3.4% | 19.3pp | 13.1pp |
| EPS (Diluted) | $0.04 | $-0.01 | $0.01 | 648.6% | 534.4% |
| Free Cash Flow | $8M | $861.0K | -$3M | 819.2% | 390.6% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $52M |
| R&D Expenses | $13M |
| Selling & Marketing | $13M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $2M |
| Operating Expenses | $39M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $13M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | $110.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $52M |
| R&D Expenses | $13M |
| Selling & Marketing | $13M |
| General & Administrative | $11M |
| SG&A Expenses | $24M |
| Other Expenses | $2M |
| Operating Expenses | $39M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $13M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | $110.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$79.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$752.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $189M |
| Net Receivables | $18M |
| Inventory | $27M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $328M |
| PP&E (Net) | $85M |
| Goodwill | $2M |
| Intangible Assets | $5M |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $137M |
| TOTAL ASSETS | $464M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $228M |
| Deferred Revenue NC | $65M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $297M |
| TOTAL NON-CURRENT LIABILITIES | $602M |
| TOTAL LIABILITIES | $674M |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $588.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$210M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$210M |
| TOTAL LIABILITIES & EQUITY | $464M |
| Total Debt | $240M |
| Net Debt | $178M |
