| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $36M | $29M | 3.3% | 29.6% |
| Op. Income | $9M | $8M | $5M | 12.1% | 80.7% |
| Gross Margin | 55.7% | 55.1% | 54.4% | 0.6pp | 1.3pp |
| Net Margin | 18.8% | 17.3% | 13.4% | 1.5pp | 5.4pp |
| EPS (Diluted) | $0.35 | $0.31 | $0.19 | 12.9% | 84.2% |
| Free Cash Flow | $11M | $18M | $8M | -38.9% | 34.8% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $9M |
| Interest Income | $34M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| 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 | $150.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $9M |
| Interest Income | $34M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| 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 | $150.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $150.0K |
| Stock-Based Compensation | $376.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $814.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$78.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$121.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $70M |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $260M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.1B |
| Tax Assets | $30M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $20M |
| Additional Paid-In Capital | $306M |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $214M |
| Minority Interest | $0 |
| TOTAL EQUITY | $214M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $127M |
| Net Debt | $89M |
