| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $270M | $178M | 17.8% | 79.3% |
| Op. Income | $65M | -$21M | $37M | 406.1% | 74.5% |
| Gross Margin | 53.5% | 34.8% | 58.0% | 18.6pp | -4.6pp |
| Net Margin | 14.6% | -4.3% | 16.1% | 18.8pp | -1.5pp |
| EPS (Diluted) | $0.36 | $-0.11 | $0.38 | 427.3% | -5.3% |
| Free Cash Flow | $68M | $76M | $39M | -10.1% | 75.2% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $35M |
| Operating Expenses | $105M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $65M |
| Interest Income | $323M |
| Interest Expense | $139M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $20M |
| EBIT | $65M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $35M |
| Operating Expenses | $105M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $65M |
| Interest Income | $323M |
| Interest Expense | $139M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $20M |
| EBIT | $65M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $59M |
| Sales/Maturities of Investments | $93M |
| Other Investing Activities | -$168M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $134M |
| Common Stock Repurchased | -$33.0K |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $729M |
| NET CASH FROM FINANCING | $825M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $877M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $25.0K |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $334M |
| PP&E (Net) | $190M |
| Goodwill | $0 |
| Intangible Assets | $839M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$65M |
| TOTAL NON-CURRENT ASSETS | $964M |
| TOTAL ASSETS | $24.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20.3B |
| TOTAL NON-CURRENT LIABILITIES | $21.4B |
| TOTAL LIABILITIES | $21.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $973M |
| Treasury Stock | -$129M |
| Accum. Other Comp. Income | -$93M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $24.0B |
| Total Debt | $1.1B |
| Net Debt | $835M |
