| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $17M | $17M | -65.2% | -65.0% |
| Op. Income | -$10M | $1M | $2M | -919.3% | -752.2% |
| Gross Margin | -20.3% | 59.0% | 60.5% | -79.3pp | -80.8pp |
| Net Margin | -134.1% | 5.6% | 7.2% | -139.7pp | -141.3pp |
| EPS (Diluted) | $-0.75 | $0.09 | $0.11 | -932.4% | -781.8% |
| Free Cash Flow | -$4M | $12M | $2M | -130.6% | -255.9% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $0 |
| Selling & Marketing | $129.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$10M |
| Interest Income | $16M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $351.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $351.0K |
| Stock-Based Compensation | $55.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$49.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $169M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $14M |
| Goodwill | $2M |
| Intangible Assets | $186.0K |
| Long-Term Investments | $965M |
| Tax Assets | $8M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $65M |
| Net Debt | $29M |
