| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $111M | $130M | 0.3% | -14.2% |
| Op. Income | -$3M | -$52M | $199.0K | 95.2% | -1358.3% |
| Gross Margin | 57.7% | 15.2% | 59.1% | 42.5pp | -1.5pp |
| Net Margin | 12.9% | -58.0% | -4.4% | 71.0pp | 17.4pp |
| EPS (Diluted) | $0.14 | $-0.65 | $-0.06 | 121.5% | 334.9% |
| Free Cash Flow | $9M | -$29M | $84M | 131.0% | -89.2% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $25M |
| SG&A Expenses | $52M |
| Other Expenses | $15M |
| Operating Expenses | $67M |
| Cost & Expenses | $114M |
| OPERATING INCOME | -$3M |
| Interest Income | $492.0K |
| Interest Expense | $11M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | -$183.0K |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $6M |
| EBIT | $25M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$84M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$90.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $32M |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $407M |
| PP&E (Net) | $21M |
| Goodwill | $192M |
| Intangible Assets | $73M |
| Long-Term Investments | $166M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $460M |
| TOTAL ASSETS | $867M |
| Account Payables | $5M |
| Short-Term Debt | $150.0K |
| Deferred Revenue | $252M |
| Other Current Liabilities | $234M |
| TOTAL CURRENT LIABILITIES | $492M |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $453M |
| TOTAL LIABILITIES | $944M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$785M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $709M |
| TOTAL STOCKHOLDERS' EQUITY | -$77M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$77M |
| TOTAL LIABILITIES & EQUITY | $867M |
| Total Debt | $399M |
| Net Debt | $192M |
