| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $27M | $24M | -2.6% | 9.5% |
| Op. Income | -$1M | -$491.0K | -$1M | -113.0% | 29.4% |
| Gross Margin | 58.0% | 60.0% | 57.4% | -2.0pp | 0.6pp |
| Net Margin | -5.5% | -2.8% | -7.8% | -2.7pp | 2.3pp |
| EPS (Diluted) | $-0.11 | $-0.06 | $-0.15 | -87.1% | 26.7% |
| Free Cash Flow | $12M | $3M | $8M | 343.4% | 51.8% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $15M |
| R&D Expenses | $3M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$1M |
| Interest Income | $7.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$75.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $319.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $3M |
| EBIT | -$992.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $25.0K |
| Other Non-Cash Items | $130.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $23M |
| Goodwill | $34M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $95M |
| TOTAL ASSETS | $142M |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $596.0K |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $63.0K |
| Additional Paid-In Capital | $174M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$289.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $6M |
| Net Debt | -$9M |
