| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $16M | $15M | -4.4% | 3.2% |
| Op. Income | -$3M | -$4M | -$5M | 36.9% | 43.2% |
| Gross Margin | 35.0% | 36.2% | 29.2% | -1.2pp | 5.9pp |
| Net Margin | -31.4% | -42.6% | -45.8% | 11.2pp | 14.4pp |
| EPS (Diluted) | $-0.46 | $-0.71 | $-0.88 | 35.2% | 47.7% |
| Free Cash Flow | -$6M | -$4M | -$5M | -48.2% | -19.7% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $339.0K |
| Operating Expenses | $8M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$3M |
| Interest Income | $848.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$35.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $598.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $598.0K |
| Stock-Based Compensation | $250.0K |
| Deferred Income Tax | -$35.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$403.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$678.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $22M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $47M |
| Long-Term Investments | $190.0K |
| Tax Assets | $694.0K |
| Other Non-Current Assets | $43.0K |
| TOTAL NON-CURRENT ASSETS | $51M |
| TOTAL ASSETS | $97M |
| Account Payables | $25M |
| Short-Term Debt | $210.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50.0K |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $82M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $124M |
| Common Stock | $2M |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$62M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | -$26M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$26M |
| TOTAL LIABILITIES & EQUITY | $97M |
| Total Debt | $94M |
| Net Debt | $91M |
