| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $9M | $13M | -27.4% | -45.3% |
| Op. Income | $3M | $5M | $9M | -51.4% | -70.7% |
| Gross Margin | 74.9% | 83.4% | 88.7% | -8.5pp | -13.8pp |
| Net Margin | 38.0% | 56.8% | 71.1% | -18.8pp | -33.1pp |
| EPS (Diluted) | $1.29 | $2.62 | $4.26 | -50.8% | -69.7% |
| Free Cash Flow | -$8M | $9M | -$5M | -192.9% | -74.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $2M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $3M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $0 |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $2M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $3M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $0 |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $792.5K |
| Common Stock Repurchased | -$31.2K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$52.7K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $353.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $234M |
| Tax Assets | $0 |
| Other Non-Current Assets | $706.2K |
| TOTAL NON-CURRENT ASSETS | $235M |
| TOTAL ASSETS | $246M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $847.5K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $85M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $692M |
| Retained Earnings | -$538M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $154M |
| Minority Interest | $0 |
| TOTAL EQUITY | $154M |
| TOTAL LIABILITIES & EQUITY | $246M |
| Total Debt | $86M |
| Net Debt | $77M |
