| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $157M | $129M | 14.1% | 38.9% |
| Op. Income | $49M | $46M | $34M | 7.9% | 44.2% |
| Gross Margin | 56.6% | 59.0% | 56.1% | -2.4pp | 0.5pp |
| Net Margin | 28.7% | 28.8% | 26.2% | -0.1pp | 2.5pp |
| EPS (Diluted) | $1.60 | $1.40 | $1.05 | 14.3% | 52.4% |
| Free Cash Flow | $43M | $58M | $43M | -25.6% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $101M |
| R&D Expenses | $29M |
| Selling & Marketing | $17M |
| General & Administrative | $6M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $49M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $4M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $101M |
| R&D Expenses | $29M |
| Selling & Marketing | $17M |
| General & Administrative | $6M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $49M |
| Interest Income | $11M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $4M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $70.0K |
| NET CASH FROM FINANCING | $70.0K |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $447M |
| Net Receivables | $114M |
| Inventory | $162M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $896M |
| PP&E (Net) | $108M |
| Goodwill | $50M |
| Intangible Assets | $35M |
| Long-Term Investments | $201M |
| Tax Assets | $27M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $438M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $47M |
| Short-Term Debt | $199M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $368M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $426M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $907M |
| TOTAL STOCKHOLDERS' EQUITY | $907M |
| Minority Interest | $0 |
| TOTAL EQUITY | $907M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $241M |
| Net Debt | $87M |
