| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $139M | $144M | 24.3% | 20.1% |
| Op. Income | -$7M | -$54M | -$40M | 87.7% | 83.3% |
| Gross Margin | 93.7% | 91.8% | 93.5% | 2.0pp | 0.3pp |
| Net Margin | -3.9% | -39.2% | -28.0% | 35.3pp | 24.1pp |
| EPS (Diluted) | $-0.07 | $-0.62 | $-0.48 | 87.9% | 84.4% |
| Free Cash Flow | $177M | $71M | -$111M | 148.2% | 259.8% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $43M |
| General & Administrative | $99M |
| SG&A Expenses | $142M |
| Other Expenses | $26M |
| Operating Expenses | $169M |
| Cost & Expenses | $180M |
| OPERATING INCOME | -$7M |
| Interest Income | $41M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $45.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $5M |
| EBIT | -$7M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $123M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $558M |
| PP&E (Net) | $85M |
| Goodwill | $67M |
| Intangible Assets | $10M |
| Long-Term Investments | $700M |
| Tax Assets | $0 |
| Other Non-Current Assets | $390M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $23M |
| Short-Term Debt | $170M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $259M |
| Long-Term Debt | $717M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $954M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$408M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $596M |
| Minority Interest | $0 |
| TOTAL EQUITY | $596M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $941M |
| Net Debt | $490M |
