| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $25M | — | -48.3% | — |
| Op. Income | -$28M | -$9M | — | -205.8% | — |
| Gross Margin | 70.3% | 67.8% | — | 2.5pp | — |
| Net Margin | -262.4% | -66.9% | — | -195.5pp | — |
| EPS (Diluted) | $-0.45 | $-0.23 | — | -95.7% | — |
| Free Cash Flow | -$7M | -$4M | — | -80.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $37M |
| Operating Expenses | $37M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$28M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $586.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $43.0K |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $706.0K |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$450.0K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $44.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$456.0K |
| Net Debt Issuance | -$76.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$266.0K |
| NET CASH FROM FINANCING | -$342.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $69.0K |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $9M |
| Goodwill | $16M |
| Intangible Assets | $146M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $661.0K |
| TOTAL NON-CURRENT ASSETS | $181M |
| TOTAL ASSETS | $272M |
| Account Payables | $11M |
| Short-Term Debt | $304.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $825.0K |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $695M |
| Retained Earnings | -$681M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$16M |
| Minority Interest | -$208.0K |
| TOTAL EQUITY | -$16M |
| TOTAL LIABILITIES & EQUITY | $272M |
| Total Debt | $211M |
| Net Debt | $201M |
