| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $218M | $197M | $270M | 10.8% | -19.1% |
| Op. Income | -$134M | $26M | $64M | -611.4% | -310.9% |
| Gross Margin | 80.0% | 78.1% | 78.9% | 1.9pp | 1.1pp |
| Net Margin | -60.8% | 10.9% | 19.5% | -71.7pp | -80.3pp |
| EPS (Diluted) | $-1.87 | $0.29 | $0.72 | -744.8% | -359.7% |
| Free Cash Flow | $13M | -$28M | $43M | 145.6% | -70.5% |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $174M |
| R&D Expenses | $37M |
| Selling & Marketing | $69M |
| General & Administrative | $23M |
| SG&A Expenses | $92M |
| Other Expenses | $180M |
| Operating Expenses | $309M |
| Cost & Expenses | $353M |
| OPERATING INCOME | -$134M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $729.0K |
| INCOME BEFORE TAX | -$134M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$133M |
| D&A | $21M |
| EBIT | -$132M |
| EBITDA | -$110M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$133M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $166M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$517.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$432.0K |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298M |
| Short-Term Investments | $31M |
| Net Receivables | $222M |
| Inventory | $15M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $609M |
| PP&E (Net) | $73M |
| Goodwill | $1.6B |
| Intangible Assets | $324M |
| Long-Term Investments | $1M |
| Tax Assets | $20M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $15M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $311M |
| TOTAL CURRENT LIABILITIES | $382M |
| Long-Term Debt | $141M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $304M |
| TOTAL LIABILITIES | $686M |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $355M |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $194M |
| Net Debt | -$104M |
