| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $12M | $9M | 476.3% | 689.1% |
| Op. Income | $4M | $2M | $715.0K | 123.2% | 430.6% |
| Gross Margin | 11.3% | 36.3% | 31.9% | -25.1pp | -20.6pp |
| Net Margin | 3.8% | 11.5% | 2.4% | -7.8pp | 1.4pp |
| EPS (Diluted) | $0.10 | $0.06 | $0.01 | 76.1% | 952.6% |
| Free Cash Flow | $39M | -$6M | $5M | 742.0% | 747.2% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $208.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $20.0K |
| 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 | $208.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $208.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $20.0K |
| 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 | $208.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $209.0K |
| Stock-Based Compensation | $299.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$45.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$637.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $192.0K |
| NET CASH FROM FINANCING | -$445.0K |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $371.0K |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $6M |
| Goodwill | $780.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $888.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $67M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $908.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$62M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $4M |
| Net Debt | -$43M |
