| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $168M | $154M | 4.4% | 14.2% |
| Op. Income | $41M | $23M | $8M | 81.0% | 401.9% |
| Gross Margin | 90.0% | 89.4% | 87.3% | 0.6pp | 2.7pp |
| Net Margin | 21.9% | 11.8% | -10.4% | 10.1pp | 32.3pp |
| EPS (Diluted) | $0.69 | $0.36 | $-0.29 | 91.7% | 337.9% |
| Free Cash Flow | $53M | $36M | $36M | 49.9% | 49.3% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $158M |
| R&D Expenses | $29M |
| Selling & Marketing | $54M |
| General & Administrative | $15M |
| SG&A Expenses | $70M |
| Other Expenses | $18M |
| Operating Expenses | $117M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $41M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $20M |
| EBIT | $45M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $158M |
| R&D Expenses | $29M |
| Selling & Marketing | $54M |
| General & Administrative | $15M |
| SG&A Expenses | $70M |
| Other Expenses | $18M |
| Operating Expenses | $117M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $41M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $20M |
| EBIT | $45M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$200.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$225M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | $9.0K |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$387.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $372M |
| Net Receivables | $145M |
| Inventory | $64M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $640M |
| PP&E (Net) | $12M |
| Goodwill | $117M |
| Intangible Assets | $540M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $703M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $292M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $336M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $466M |
| Retained Earnings | $541M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $78.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $38M |
| Net Debt | $6M |
