| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | -5.3% | -8.7% |
| Op. Income | $4M | $5M | $5M | -3.2% | -7.2% |
| Gross Margin | 79.9% | 77.6% | 80.0% | 2.4pp | -0.1pp |
| Net Margin | 61.9% | 66.2% | 57.2% | -4.3pp | 4.8pp |
| EPS (Diluted) | $0.87 | $0.98 | $0.88 | -11.2% | -1.1% |
| Free Cash Flow | $5M | $5M | $5M | -11.5% | 4.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $540.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $389.3K |
| Other Expenses | $0 |
| Operating Expenses | $930.2K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $491.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $491.7K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $778.2K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $76.8K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $540.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $389.3K |
| Other Expenses | $0 |
| Operating Expenses | $930.2K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $491.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $491.7K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $778.2K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $76.8K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $76.8K |
| Stock-Based Compensation | $12.5K |
| Deferred Income Tax | -$104.6K |
| Other Non-Cash Items | -$41.9K |
| Change in Working Capital | $603.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $14M |
| Net Receivables | $2M |
| Inventory | $7M |
| Other Current Assets | $597.3K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $1M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $68M |
| Account Payables | $170.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $809.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1 |
| TOTAL NON-CURRENT LIABILITIES | $218.8K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $48.3K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$753.3K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $67M |
| Minority Interest | $0 |
| TOTAL EQUITY | $67M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $397.3K |
| Net Debt | -$4M |
