| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $266M | $122M | $3M | 118.3% | 10518.5% |
| Op. Income | $216M | $84M | -$38M | 158.7% | 674.5% |
| Gross Margin | 85.5% | 77.9% | -1052.8% | 7.5pp | 1138.3pp |
| Net Margin | 15.6% | 20.9% | 2453.9% | -5.3pp | -2438.4pp |
| EPS (Diluted) | $0.36 | $0.17 | $0.51 | 111.8% | -29.4% |
| Free Cash Flow | -$985M | $244M | $64M | -504.1% | -1648.3% |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $216M |
| Interest Income | $177M |
| Interest Expense | $184M |
| Other Income/Expenses | -$190M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $396M |
| EBITDA | $396M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $266M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $216M |
| Interest Income | $177M |
| Interest Expense | $184M |
| Other Income/Expenses | -$190M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $396M |
| EBITDA | $396M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | $816.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$946M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | -$984M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $127M |
| Sales/Maturities of Investments | $167M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | $315M |
| Net Debt Issuance | -$129M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $883M |
| FREE CASH FLOW | -$985M |
| Net Change in Cash | $214M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $344M |
| Short-Term Investments | $103M |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | -$1.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3.8B |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$8.1B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.1B |
| Account Payables | $149M |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$35M |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $869.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$530M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $10.8B |
| Net Debt | $10.5B |
