| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $20M | $19M | 13.2% | 21.7% |
| Op. Income | -$6M | $2M | $3M | -332.2% | -309.2% |
| Gross Margin | 18.5% | 50.8% | 54.6% | -32.3pp | -36.0pp |
| Net Margin | -20.5% | 10.0% | 11.7% | -30.5pp | -32.2pp |
| EPS (Diluted) | $-0.75 | $0.32 | $0.35 | -334.4% | -314.3% |
| Free Cash Flow | $5M | $637.0K | $4M | 694.5% | 23.7% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $165.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $10M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$6M |
| Interest Income | $21M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $474.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $419.0K |
| Stock-Based Compensation | $94.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$622.0K |
| Other Financing Activities | $95M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $272M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $314M |
| PP&E (Net) | $37M |
| Goodwill | $6M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $236.0K |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $70M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $61.0K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $854.0K |
| TOTAL EQUITY | $121M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $149M |
| Net Debt | $113M |
