| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $180M | $189M | -65.5% | -67.2% |
| Op. Income | $32M | $148M | $164M | -78.4% | -80.4% |
| Gross Margin | 100.0% | 100.0% | 40.7% | 0.0pp | 59.3pp |
| Net Margin | 50.7% | 82.5% | 86.1% | -31.8pp | -35.4pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $119M | $28M | $116M | 319.3% | 3.1% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $13M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$320.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $567.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | -$32M |
| EBIT | $64M |
| EBITDA | -$39.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $13M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$320.0K |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $567.0K |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | -$32M |
| EBIT | $64M |
| EBITDA | -$39.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88M |
| Change in Working Capital | -$957.0K |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$404M |
| NET CASH FROM INVESTING | -$406M |
| Net Debt Issuance | $898M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$558M |
| NET CASH FROM FINANCING | $298M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $85M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35.7B |
| TOTAL NON-CURRENT ASSETS | $35.7B |
| TOTAL ASSETS | $35.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $262M |
| TOTAL CURRENT LIABILITIES | $297M |
| Long-Term Debt | $25.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.1B |
| TOTAL NON-CURRENT LIABILITIES | $32.7B |
| TOTAL LIABILITIES | $33.0B |
| Common Stock | $969.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $19M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $35.9B |
| Total Debt | $25.6B |
| Net Debt | $25.4B |
