| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $42M | $42M | 76.6% | 74.2% |
| Op. Income | -$5M | $4M | $8M | -234.9% | -161.8% |
| Gross Margin | 41.2% | 52.2% | 59.2% | -10.9pp | -18.0pp |
| Net Margin | -5.9% | 7.8% | 15.9% | -13.7pp | -21.7pp |
| EPS (Diluted) | $-0.43 | $0.46 | $0.95 | -193.5% | -145.3% |
| Free Cash Flow | $18M | $1M | $6M | 1211.3% | 218.3% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $22M |
| Operating Expenses | $36M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$5M |
| Interest Income | $68M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$657.0K |
| 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 | $3M |
| EBIT | -$5M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $319.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $259M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | $282M |
| Net Debt Issuance | -$207M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $145M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $562M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $701M |
| PP&E (Net) | $76M |
| Goodwill | $77M |
| Intangible Assets | $37M |
| Long-Term Investments | $4.1B |
| Tax Assets | $33M |
| Other Non-Current Assets | $288M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $7M |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $20M |
| Additional Paid-In Capital | $251M |
| Retained Earnings | $239M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $475M |
| Minority Interest | $0 |
| TOTAL EQUITY | $475M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $190M |
| Net Debt | $82M |
