| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $54M | $48M | -4.9% | 6.6% |
| Op. Income | $6M | $7M | $4M | -17.6% | 56.8% |
| Gross Margin | 66.1% | 68.1% | 69.0% | -2.0pp | -2.9pp |
| Net Margin | 9.3% | 10.6% | 6.8% | -1.4pp | 2.5pp |
| EPS (Diluted) | $0.26 | $0.31 | $0.16 | -16.1% | 62.5% |
| Free Cash Flow | $74M | -$40M | $48M | 286.2% | 53.0% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $926.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $6M |
| Operating Expenses | $28M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $6M |
| Interest Income | $29M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $762.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $926.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $6M |
| Operating Expenses | $28M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $6M |
| Interest Income | $29M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $762.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $762.0K |
| Stock-Based Compensation | $105.0K |
| Deferred Income Tax | $165.0K |
| Other Non-Cash Items | $66M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$194.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$101M |
| Common Stock Repurchased | -$999.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $91.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $213M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $263M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $160M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $215M |
| TOTAL NON-CURRENT LIABILITIES | $375M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $194.0K |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $275M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | -$11M |
| TOTAL STOCKHOLDERS' EQUITY | $342M |
| Minority Interest | $0 |
| TOTAL EQUITY | $342M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $424M |
| Net Debt | $388M |
