| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $63M | $55M | -0.3% | 14.7% |
| Op. Income | $9M | $9M | $11M | -3.1% | -19.6% |
| Gross Margin | 46.3% | 50.8% | 57.4% | -4.5pp | -11.1pp |
| Net Margin | 10.4% | 9.4% | 14.9% | 0.9pp | -4.5pp |
| EPS (Diluted) | $0.16 | $0.14 | $0.19 | 14.3% | -15.8% |
| Free Cash Flow | $14M | $7M | $11M | 106.0% | 23.2% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $282.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $9M |
| Interest Income | $58M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $282.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $9M |
| Interest Income | $58M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$220.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$144M |
| Sales/Maturities of Investments | $218M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $103M |
| Net Debt Issuance | $81M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$106M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $1.1B |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $52M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $590M |
| Retained Earnings | $435M |
| Treasury Stock | -$295M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $700M |
| Minority Interest | $0 |
| TOTAL EQUITY | $700M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $1.1B |
| Net Debt | $853M |
