| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $45M | $43M | 0.1% | 5.8% |
| Op. Income | $3M | $1M | $4M | 88.8% | -36.7% |
| Gross Margin | 48.9% | 45.3% | 52.9% | 3.6pp | -4.0pp |
| Net Margin | 4.7% | 2.4% | 7.3% | 2.3pp | -2.6pp |
| EPS (Diluted) | $0.22 | $0.11 | $0.32 | 100.0% | -31.3% |
| Free Cash Flow | $17M | -$12M | $14M | 246.8% | 22.3% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $374.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $3M |
| Interest Income | $38M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $537.0K |
| 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 | $653.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $374.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $3M |
| Interest Income | $38M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $537.0K |
| 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 | $653.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $653.0K |
| Stock-Based Compensation | $518.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$289.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $43M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$129M |
| Common Stock Repurchased | -$135.0K |
| Common Dividends Paid | -$239.0K |
| Other Financing Activities | $92M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $276M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $302M |
| PP&E (Net) | $24M |
| Goodwill | $30M |
| Intangible Assets | $1M |
| Long-Term Investments | $2.5B |
| Tax Assets | $4M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $157M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $193M |
| Retained Earnings | $57M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $115M |
| Net Debt | -$161M |
