| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $74M | — | 1.1% | — |
| Op. Income | $4M | -$4M | — | 202.8% | — |
| Gross Margin | 90.9% | 89.2% | — | 1.7pp | — |
| Net Margin | -1.4% | -1.6% | — | 0.2pp | — |
| EPS (Diluted) | $-0.02 | $-0.01 | — | -12.7% | — |
| Free Cash Flow | $9M | -$13M | — | 169.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $68M |
| R&D Expenses | $21M |
| Selling & Marketing | $29M |
| General & Administrative | $15M |
| SG&A Expenses | $44M |
| Other Expenses | -$777.0K |
| Operating Expenses | $64M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $4M |
| Interest Income | $825.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $659.3K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$366.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$110M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$304.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $111M |
| Net Receivables | $48M |
| Inventory | $62M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $282M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $67M |
| Long-Term Investments | $9M |
| Tax Assets | $37M |
| Other Non-Current Assets | $93.0K |
| TOTAL NON-CURRENT ASSETS | $143M |
| TOTAL ASSETS | $426M |
| Account Payables | $73M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $200M |
| Common Stock | $8M |
| Additional Paid-In Capital | $487M |
| Retained Earnings | -$278M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $226M |
| Minority Interest | $0 |
| TOTAL EQUITY | $226M |
| TOTAL LIABILITIES & EQUITY | $426M |
| Total Debt | $127M |
| Net Debt | $66M |
