| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $61M | $55M | 6.7% | 18.0% |
| Op. Income | -$2M | -$953.0K | -$5M | -158.9% | 49.5% |
| Gross Margin | 78.0% | 79.4% | 80.7% | -1.4pp | -2.7pp |
| Net Margin | -4.0% | -1.2% | -8.8% | -2.7pp | 4.9pp |
| EPS (Diluted) | $-0.03 | $-0.01 | $-0.06 | -243.5% | 48.9% |
| Free Cash Flow | $9M | $6M | -$5M | 37.8% | 276.9% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $50M |
| R&D Expenses | $14M |
| Selling & Marketing | $27M |
| General & Administrative | $12M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $43.0K |
| Other Income/Expenses | -$43.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $56.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $3M |
| EBIT | -$2M |
| EBITDA | $406.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$699.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$614.0K |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$449.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $667.0K |
| NET CASH FROM FINANCING | $667.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $122M |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $226M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $99M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $163M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $624.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $200M |
| Common Stock | $224.0K |
| Additional Paid-In Capital | $385M |
| Retained Earnings | -$359M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $115.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $41M |
| Net Debt | -$19M |
