2024 Q4 Form 10-Q Financial Statement

#000121390024098319 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024 Q2
Revenue $21.31M $18.81M
YoY Change 30.48% 36.14%
Cost Of Revenue $7.862M $7.108M
YoY Change 20.38% 18.6%
Gross Profit $13.45M $11.70M
YoY Change 37.21% 49.57%
Gross Profit Margin 63.1% 62.22%
Selling, General & Admin $13.43M $14.38M
YoY Change 4.17% 17.46%
% of Gross Profit 99.84% 122.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.095M $1.073M
YoY Change 132.98% 130.87%
% of Gross Profit 8.14% 9.17%
Operating Expenses $22.01M $15.45M
YoY Change 64.81% 21.61%
Operating Profit -$8.562M -$3.749M
YoY Change 140.95% -23.21%
Interest Expense -$1.417M -$1.422M
YoY Change -305.36% -297.38%
% of Operating Profit
Other Income/Expense, Net -$1.379M -$1.347M
YoY Change -300.38% -286.97%
Pretax Income -$9.941M -$5.096M
YoY Change 246.94% 22.46%
Income Tax -$817.0K -$1.088M
% Of Pretax Income
Net Earnings -$9.124M -$4.008M
YoY Change 218.43% -3.69%
Net Earnings / Revenue -42.82% -21.31%
Basic Earnings Per Share -$0.50 -$0.22
Diluted Earnings Per Share -$0.50 -$0.22
COMMON SHARES
Basic Shares Outstanding 18.42M shares 18.32M shares 18.18M shares
Diluted Shares Outstanding 18.32M shares 18.26M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.13M $14.96M
YoY Change -74.6% -76.16%
Cash & Equivalents $16.13M $14.96M
Short-Term Investments
Other Short-Term Assets $4.389M $4.647M
YoY Change 46.3% 14.66%
Inventory
Prepaid Expenses
Receivables $26.33M $24.52M
Other Receivables $64.00K $1.842M
Total Short-Term Assets $46.91M $45.97M
YoY Change -46.33% -45.97%
LONG-TERM ASSETS
Property, Plant & Equipment $161.0K $171.0K
YoY Change 7.83% 21.3%
Goodwill $70.90M $78.36M
YoY Change 212.7% 245.58%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $362.0K $434.0K
YoY Change -67.09%
Total Long-Term Assets $118.3M $126.9M
YoY Change 223.74% 250.08%
TOTAL ASSETS
Total Short-Term Assets $46.91M $45.97M
Total Long-Term Assets $118.3M $126.9M
Total Assets $165.2M $172.9M
YoY Change 33.3% 42.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.754M $2.980M
YoY Change 293.43% 264.4%
Accrued Expenses $5.557M $5.310M
YoY Change 78.74% 253.18%
Deferred Revenue $786.0K $1.054M
YoY Change 318.09% 133.7%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M $3.300M
YoY Change
Total Short-Term Liabilities $14.50M $14.96M
YoY Change 88.3% 171.45%
LONG-TERM LIABILITIES
Long-Term Debt $33.28M $32.30M
YoY Change
Other Long-Term Liabilities $242.0K $271.0K
YoY Change 142.0%
Total Long-Term Liabilities $33.28M $32.30M
YoY Change 33178.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.50M $14.96M
Total Long-Term Liabilities $33.28M $32.30M
Total Liabilities $50.73M $51.86M
YoY Change 548.57% 841.25%
SHAREHOLDERS EQUITY
Retained Earnings -$84.29M -$75.17M
YoY Change 40.21% 31.29%
Common Stock $20.00K $20.00K
YoY Change 8.77% 8.83%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.000K $2.000K
YoY Change 14.88% 14.88%
Treasury Stock Shares
Shareholders Equity $114.5M $121.0M
YoY Change
Total Liabilities & Shareholders Equity $165.2M $172.9M
YoY Change 33.3% 42.49%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$9.124M -$4.008M
YoY Change 218.43% -3.69%
Depreciation, Depletion And Amortization $1.095M $1.073M
YoY Change 132.98% 130.87%
Cash From Operating Activities $1.791M $782.0K
YoY Change 21.84% -133.02%
INVESTING ACTIVITIES
Capital Expenditures $92.00K $85.00K
YoY Change -71.25% -92.3%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$92.00K -$85.00K
YoY Change -90.89% -102.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -532.0K -915.0K
YoY Change 52.0% -87.78%
NET CHANGE
Cash From Operating Activities 1.791M 782.0K
Cash From Investing Activities -92.00K -85.00K
Cash From Financing Activities -532.0K -915.0K
Net Change In Cash 1.167M -218.0K
YoY Change 960.91% -96.71%
FREE CASH FLOW
Cash From Operating Activities $1.791M $782.0K
Capital Expenditures $92.00K $85.00K
Free Cash Flow $1.699M $697.0K
YoY Change 47.74% -120.08%

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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Increase Decrease In Contract With Customer Liability
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us-gaap Payments To Develop Software
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235000 usd
us-gaap Payments To Develop Software
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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2274000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Interest Paid Net
InterestPaidNet
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">NOTE 1 – NATURE OF BUSINESS AND BASIS OF PRESENTATION</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The accompanying condensed consolidated financial statements include OptimizeRx Corporation and its wholly owned subsidiaries (collectively, the “Company”, “we”, “our”, or “us”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">We are a digital health technology company enabling care-focused engagement between life sciences organizations, healthcare providers, and patients at critical junctures throughout the patient care journey. Connecting over two million U.S. healthcare providers and millions of their patients through an intelligent technology platform embedded within a proprietary point-of-care network, as well as mass digital communications channels, OptimizeRx helps life sciences organizations engage and support their customers.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The condensed consolidated financial statements for the three and nine months ended September 30, 2024 and 2023 have been prepared by us without audit pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). In the opinion of management, all adjustments necessary to present fairly our financial position at September 30, 2024, and our results of operations, changes in stockholders’ equity, and cash flows for the nine months ended September 30, 2024 and 2023, have been made. Those adjustments consist of normal and recurring adjustments. The condensed consolidated balance sheet as of December 31, 2023, has been derived from the audited consolidated condensed balance sheet as of that date. We operate a single reporting segment and, accordingly, use our consolidated net income as our measure of profit and loss and it is not presented separately here.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Certain information and note disclosures, including a detailed discussion about the Company’s significant accounting policies, normally included in our annual consolidated financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with a reading of the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as filed with the SEC on April 15, 2024 (“Form 10-K”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The results of operations for the three and nine months ended September 30, 2024, are not necessarily indicative of the results to be expected for the full year.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">On October 24, 2023, the Company acquired 100% of the issued and outstanding preferred and common stock of Healthy Offers, Inc., a Nevada corporation d/b/a Medicx Health (“Medicx Health”) - See Part II, Item 8. Financials Statements and Supplementary Data; Note 3 - Acquisitions in our Form 10-K for additional information regarding this transaction.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The following presents the pro forma consolidated statement of operations as if Medicx Health had been included in the consolidated results of the Company for the three and nine months ended September 30, 2023:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="white-space: nowrap"> </td><td style="white-space: nowrap; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="white-space: nowrap; font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Three Months<br/> Ended</td><td style="white-space: nowrap; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="white-space: nowrap; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="white-space: nowrap; font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Nine Months<br/> Ended</td><td style="white-space: nowrap; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1.5pt solid">Pro-forma consolidated statement of operations</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%">Revenue</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">23,852</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">67,291</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: transparent"> <td style="text-align: left">Net loss</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(3,484</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(18,141</td><td style="text-align: left">)</td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">These amounts have been calculated after applying the Company’s accounting policies, adjusting Medicx Health results to reflect the additional amortization that would have been charged assuming the fair value adjustments to intangible assets had been applied on January 1, 2023, interest expense associated with the term loan and elimination of interest income on short-term investments that were used to fund the acquisition,</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">During the year ended December 31, 2023, the Company disposed of its non-core Access business - See Part II, Item 8. Financials Statements and Supplementary Data; Note 7 - Goodwill and Intangible Assets in our Form 10-K for additional information regarding this transaction. A pro forma statement of operations for the three and nine months ended September 30, 2024 is not presented for this transaction as the pro forma impacts were not material to the Company’s consolidated results.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Revenue presented in the pro forma financial consolidated statement of operations data above includes $1,088 and $4,169, respectively related to the Access and other non-core solutions for which no revenue was recorded in the three and nine months ended September 30, 2024 (see also the discussion under Net Revenues in Results of Operations for the three and nine months ended September 30, 2024 in Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Change in Accounting Estimate</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In accordance with its policy, the Company periodically reviews the stand-alone selling prices of its performance obligations under <i>Revenue from Contracts with Customers</i> (“ASC Topic 606”) for use in allocating the contract prices. As a result, effective April 1, 2024, the Company updated the methodology for determining the value of program design and consulting services from the residual method to using an adjusted market assessment approach. The effect of this change in estimate was immaterial to the results for the three and nine months ended September 30, 2024, but may become material in future periods.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Fair Value of Financial Instruments</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Fair value is defined as the price that would be received upon the sale of an asset or paid upon the transfer of a liability in an orderly transaction between market participants at the measurement date and in the principal or most advantageous market for that asset or liability. The fair value should be calculated based on assumptions that market participants would use in pricing the asset or liability, not on assumptions specific to the entity. In addition, the fair value of liabilities should include consideration of non-performance risk including our own credit risk.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">In addition to defining fair value, the disclosure requirements around fair value establish a fair value hierarchy for valuation inputs, which is expanded. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. Each fair value measurement is reported in one of the three levels, which is determined by the lowest level input that is significant to the fair value measurement in its entirety. These levels are:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Level 1 – Inputs are based upon unadjusted quoted prices for identical instruments traded in active markets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Level 2 – Inputs are based upon significant observable inputs other than quoted prices included in Level 1, such as quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Level 3 – Inputs are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques. The Company’s stock options and warrants are valued using Level 3 inputs.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The Company’s carrying amounts of financial instruments, including cash and cash equivalents, accounts receivable, accounts payable, and other current liabilities, approximate their fair values due to their short maturities.</span></p>
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BusinessAcquisitionsProFormaRevenue
23852000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
67291000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-3484000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-18141000 usd
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MoneyMarketFundsAtCarryingValue
8200000 usd
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MoneyMarketFundsAtCarryingValue
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91000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
233000 usd
CY2023Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
48000 usd
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
143000 usd
CY2024Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
217000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
696000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
70900000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
78400000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7500000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
36790000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
38290000 usd
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2000000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2000000 usd
CY2024Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1512000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2059000 usd
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
33278000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
34231000 usd
CY2024Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
182000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
547000 usd
oprx Leverage Ratio Description
LeverageRatioDescription
In addition, the Company is required to make a mandatory prepayment on March 31, of each year, commencing with 2025, equivalent to Excess Cash Flow multiplied by a percentage factor of 25%, if the leverage ratio is 3.60 to 1.00 or less, 50% if the leverage ratio is greater than 3.60 to 1 or less than or equal; to 4.10 to 1.00 and 75%, if the leverage ratio is greater than 4.10 to 1.00.
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
500000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2000000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2000000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
32290000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
36790000 usd
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62000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
11000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
186000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
61000 usd
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ShortTermLeaseCost
1000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
19000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
2000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
27000 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
63000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
30000 usd
us-gaap Lease Cost
LeaseCost
188000 usd
us-gaap Lease Cost
LeaseCost
88000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2024Q3 us-gaap Other Commitment
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16700000 usd
CY2024Q3 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
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1800000 usd
CY2024Q3 us-gaap Other Commitment Due In Next Twelve Months
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8800000 usd
CY2024Q3 us-gaap Other Commitment Due In Second Year
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3600000 usd
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2400000 usd
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100000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.082 pure
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0.072 pure
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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16700000 usd
CY2024Q3 us-gaap Long Term Debt Current
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CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
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CY2023Q3 us-gaap Goodwill Impairment Loss
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us-gaap Interest Expense Nonoperating
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CY2023Q3 us-gaap Other Nonoperating Income
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CY2023Q3 us-gaap Income Tax Expense Benefit
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CY2024Q3 us-gaap Treasury Stock Value Acquired Par Value Method
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