| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | $24M | 9.6% | 19.1% |
| Op. Income | $2M | $515.0K | -$2M | 275.9% | 211.5% |
| Gross Margin | 22.0% | 17.6% | 9.3% | 4.4pp | 12.8pp |
| Net Margin | 5.9% | 1.3% | -7.9% | 4.5pp | 13.8pp |
| EPS (Diluted) | $0.05 | $0.01 | $-0.07 | 476.4% | 175.4% |
| Free Cash Flow | $4M | $1M | -$4M | 253.3% | 208.4% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $726.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $2M |
| Interest Income | $30.0K |
| Interest Expense | $302.0K |
| Other Income/Expenses | -$272.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $543.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $726.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $2M |
| Interest Income | $30.0K |
| Interest Expense | $302.0K |
| Other Income/Expenses | -$272.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $543.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $543.0K |
| Stock-Based Compensation | $321.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $907.0K |
| Change in Working Capital | $840.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$341.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$976.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $475.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $6M |
| Net Receivables | $9M |
| Inventory | $6M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $11M |
| Goodwill | $921.0K |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $726.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $57M |
| Account Payables | $3M |
| Short-Term Debt | $469.0K |
| Deferred Revenue | $397.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $441.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $426M |
| Retained Earnings | -$397M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $57M |
| Total Debt | $14M |
| Net Debt | $2M |
