| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $30M | $29M | 1.1% | 4.8% |
| Op. Income | $3M | $4M | $6M | -41.1% | -54.3% |
| Gross Margin | 53.7% | 59.9% | 65.9% | -6.2pp | -12.2pp |
| Net Margin | 6.3% | 11.7% | 15.5% | -5.4pp | -9.2pp |
| EPS (Diluted) | $0.09 | $0.17 | $0.21 | -46.5% | -56.7% |
| Free Cash Flow | $3M | $2M | $7M | 76.2% | -58.0% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $271.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $3M |
| Interest Income | $28M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $618.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $643.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $271.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $3M |
| Interest Income | $28M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $618.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $643.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $643.0K |
| Stock-Based Compensation | $453.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $658.0K |
| Change in Working Capital | -$678.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$70.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $52M |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $156M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $225M |
| PP&E (Net) | $24M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.2B |
| Tax Assets | $12M |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $148M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $211.0K |
| Additional Paid-In Capital | $121M |
| Retained Earnings | $141M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $241M |
| Minority Interest | $0 |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $152M |
| Net Debt | $92M |
