| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | 1.0% | 46.8% |
| Op. Income | -$171.0K | -$326.0K | -$337.0K | 47.5% | 49.3% |
| Gross Margin | 71.9% | 70.1% | 77.1% | 1.9pp | -5.1pp |
| Net Margin | -5.6% | -10.9% | -11.2% | 5.2pp | 5.6pp |
| EPS (Diluted) | $-0.03 | $-0.07 | $-0.05 | 50.3% | 30.4% |
| Free Cash Flow | $2M | -$2M | $153.0K | 189.4% | 920.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $850.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $60.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $689.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$171.0K |
| Interest Income | $3M |
| Interest Expense | $830.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$171.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$171.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$171.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$171.0K |
| D&A | $70.0K |
| EBIT | -$171.0K |
| EBITDA | -$101.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$171.0K |
| Depreciation & Amortization | $70.0K |
| Stock-Based Compensation | $214.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$653.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$52.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$453.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$427.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $75M |
| Net Receivables | $855.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $112M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $137M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $268M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $155M |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $40M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $268M |
| Total Debt | $31M |
| Net Debt | -$5M |
