| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $248M | $240M | $208M | 3.7% | 19.3% |
| Op. Income | $35M | $46M | $29M | -24.1% | 19.2% |
| Gross Margin | 84.7% | 84.6% | 85.4% | 0.1pp | -0.7pp |
| Net Margin | 16.7% | 13.5% | 6.2% | 3.2pp | 10.6pp |
| EPS (Diluted) | $0.11 | $0.09 | $0.03 | 26.7% | 227.4% |
| Free Cash Flow | $36M | $27M | $27M | 34.3% | 33.5% |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $210M |
| R&D Expenses | $35M |
| Selling & Marketing | $52M |
| General & Administrative | $30M |
| SG&A Expenses | $82M |
| Other Expenses | $58M |
| Operating Expenses | $175M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $35M |
| Interest Income | $67M |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $12M |
| EBIT | $22M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $210M |
| R&D Expenses | $35M |
| Selling & Marketing | $52M |
| General & Administrative | $30M |
| SG&A Expenses | $82M |
| Other Expenses | $58M |
| Operating Expenses | $175M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $35M |
| Interest Income | $67M |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $12M |
| EBIT | $22M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$48M |
| Purchases of Investments | -$817M |
| Sales/Maturities of Investments | $109M |
| Other Investing Activities | -$91M |
| NET CASH FROM INVESTING | -$849M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$790M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $534M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $0 |
| Other Current Assets | $5.6B |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $36M |
| Goodwill | $76M |
| Intangible Assets | $100M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $560M |
| TOTAL NON-CURRENT ASSETS | $802M |
| TOTAL ASSETS | $7.1B |
| Account Payables | $45M |
| Short-Term Debt | $13M |
| Deferred Revenue | $6.1B |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $802M |
| Retained Earnings | $88M |
| Treasury Stock | -$176M |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $728M |
| Minority Interest | $0 |
| TOTAL EQUITY | $728M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $36M |
| Net Debt | -$498M |
