| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $118M | $144M | -11.9% | -27.4% |
| Op. Income | $2M | -$3M | $347.0K | 176.4% | 608.5% |
| Gross Margin | 3.4% | 1.5% | 5.1% | 1.9pp | -1.6pp |
| Net Margin | 3.9% | -3.2% | 0.7% | 7.1pp | 3.2pp |
| EPS (Diluted) | $4.85 | $-0.09 | $0.02 | 5369.8% | 25438.5% |
| Free Cash Flow | $2M | -$3M | -$5M | 162.6% | 135.5% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $4M |
| R&D Expenses | $420.2K |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$5M |
| Operating Expenses | $1M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $122.5K |
| Other Income/Expenses | -$91.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $704.2K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $4M |
| R&D Expenses | $420.2K |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$5M |
| Operating Expenses | $1M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $122.5K |
| Other Income/Expenses | -$91.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $704.2K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $704.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$41.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$701.1K |
| NET CASH FROM INVESTING | -$742.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$73 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $568.6K |
| NET CASH FROM FINANCING | $568.5K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $69M |
| PP&E (Net) | $2M |
| Goodwill | $10M |
| Intangible Assets | $8M |
| Long-Term Investments | $206.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $127M |
| Account Payables | $21M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $687.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $89.9K |
| Additional Paid-In Capital | $269M |
| Retained Earnings | -$201M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$226.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | -$600.0K |
| TOTAL EQUITY | $67M |
| TOTAL LIABILITIES & EQUITY | $127M |
| Total Debt | $18M |
| Net Debt | $9M |
