| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $125M | — | 1.4% | — |
| Op. Income | $37M | $28M | — | 34.8% | — |
| Gross Margin | 94.9% | 95.2% | — | -0.4pp | — |
| Net Margin | 28.2% | 22.9% | — | 5.3pp | — |
| EPS (Diluted) | $-1.71 | $2.07 | — | -182.6% | — |
| Free Cash Flow | $51M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $120M |
| R&D Expenses | $9M |
| Selling & Marketing | $65M |
| General & Administrative | $9M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $37M |
| Interest Income | $891.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $986.9K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $544.7K |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $120M |
| R&D Expenses | $9M |
| Selling & Marketing | $65M |
| General & Administrative | $9M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $37M |
| Interest Income | $891.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $986.9K |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $544.7K |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $544.7K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$106.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$210M |
| Sales/Maturities of Investments | $227M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$409.1K |
| NET CASH FROM FINANCING | -$409.1K |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $260M |
| Short-Term Investments | $38M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $339M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $601.8K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $354M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $486M |
| TOTAL NON-CURRENT LIABILITIES | $492M |
| TOTAL LIABILITIES | $626M |
| Common Stock | $10.4K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$299M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$271M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$271M |
| TOTAL LIABILITIES & EQUITY | $354M |
| Total Debt | $3M |
| Net Debt | -$257M |
