| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $56M | $58M | 6.7% | 3.2% |
| Op. Income | $10M | $10M | $12M | -2.1% | -20.8% |
| Gross Margin | 44.9% | 47.7% | 49.6% | -2.9pp | -4.8pp |
| Net Margin | 11.6% | 12.9% | 14.5% | -1.2pp | -2.9pp |
| EPS (Diluted) | $0.39 | $0.39 | $0.63 | 0.0% | -38.1% |
| Free Cash Flow | $24M | $12M | $25M | 110.4% | -4.0% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $252.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $10M |
| Interest Income | $54M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $252.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $10M |
| Interest Income | $54M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $264.0K |
| Deferred Income Tax | -$193.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$257.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $69M |
| NET CASH FROM FINANCING | $105M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350M |
| Short-Term Investments | $306M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $656M |
| PP&E (Net) | $54M |
| Goodwill | $71M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.1B |
| Tax Assets | $15M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $335M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $389M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $259M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $263M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $510M |
| Minority Interest | $72.0K |
| TOTAL EQUITY | $510M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $365M |
| Net Debt | $15M |
