| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | — | $28M | — | -21.4% |
| Op. Income | -$22M | — | -$25M | — | 10.7% |
| Gross Margin | 71.2% | — | 74.9% | — | -3.6pp |
| Net Margin | -98.9% | — | -87.7% | — | -11.1pp |
| EPS (Diluted) | $-0.57 | — | $-0.66 | — | 13.6% |
| Free Cash Flow | $2M | — | $9M | — | -79.8% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $16M |
| R&D Expenses | $8M |
| Selling & Marketing | $10M |
| General & Administrative | $14M |
| SG&A Expenses | $25M |
| Other Expenses | $6M |
| Operating Expenses | $38M |
| Cost & Expenses | $44M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $765.0K |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $7M |
| EBIT | -$22M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$197.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $198.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$103.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $115M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $10M |
| Goodwill | $53M |
| Intangible Assets | $65M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $336M |
| Account Payables | $23M |
| Short-Term Debt | $38M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $112M |
| TOTAL LIABILITIES | $362M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $474M |
| Retained Earnings | -$499M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$25M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$25M |
| TOTAL LIABILITIES & EQUITY | $336M |
| Total Debt | $142M |
| Net Debt | $131M |
