| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $48M | $44M | 7.2% | 17.5% |
| Op. Income | $6M | $4M | $5M | 42.2% | 19.9% |
| Gross Margin | 52.4% | 49.1% | 57.9% | 3.3pp | -5.6pp |
| Net Margin | 9.3% | 7.0% | 9.2% | 2.3pp | 0.1pp |
| EPS (Diluted) | $0.42 | $0.30 | $0.35 | 40.0% | 20.0% |
| Free Cash Flow | $33M | -$19M | $22M | 271.1% | 49.4% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $717.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $19M |
| Operating Expenses | $21M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $6M |
| Interest Income | $40M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | -$907.0K |
| EBIT | $6M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $717.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $19M |
| Operating Expenses | $21M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $6M |
| Interest Income | $40M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | -$907.0K |
| EBIT | $6M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | -$907.0K |
| Stock-Based Compensation | $66.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | $2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $172M |
| Net Receivables | $94M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $298M |
| PP&E (Net) | $13M |
| Goodwill | $899.0K |
| Intangible Assets | $3M |
| Long-Term Investments | $2.0B |
| Tax Assets | $4M |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $234M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $13M |
| Additional Paid-In Capital | $81M |
| Retained Earnings | $108M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $167M |
| Minority Interest | $0 |
| TOTAL EQUITY | $167M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $195M |
| Net Debt | $162M |
