| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $210M | $155M | 24.1% | 68.0% |
| Op. Income | $10M | $10M | -$34M | 3.5% | 129.2% |
| Gross Margin | 96.4% | 96.0% | 95.1% | 0.4pp | 1.3pp |
| Net Margin | -22.2% | 3.7% | -95.7% | -25.9pp | 73.4pp |
| EPS (Diluted) | $-4.34 | $0.58 | $-11.43 | -848.3% | 62.0% |
| Free Cash Flow | $42M | -$8M | $13M | 651.7% | 216.1% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $251M |
| R&D Expenses | $11M |
| Selling & Marketing | $194M |
| General & Administrative | $27M |
| SG&A Expenses | $220M |
| Other Expenses | $10M |
| Operating Expenses | $241M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | $447.0K |
| NET INCOME | -$58M |
| D&A | $6M |
| EBIT | $14M |
| EBITDA | $20M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$58M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $569.0K |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$445.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$344.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $98M |
| Goodwill | $382M |
| Intangible Assets | $46M |
| Long-Term Investments | $2M |
| Tax Assets | $4M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $535M |
| TOTAL ASSETS | $787M |
| Account Payables | $49M |
| Short-Term Debt | $126M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $272M |
| Long-Term Debt | $346M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $130.0K |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $693M |
| Common Stock | $167.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$887M |
| Treasury Stock | -$266M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $787M |
| Total Debt | $549M |
| Net Debt | $452M |
