| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $255M | $269M | -5.6% | -10.7% |
| Op. Income | $16M | $37M | $63M | -56.7% | -74.8% |
| Gross Margin | 51.2% | 52.5% | 56.8% | -1.2pp | -5.6pp |
| Net Margin | -3.0% | 13.1% | 23.0% | -16.0pp | -26.0pp |
| EPS (Diluted) | $-0.04 | $0.17 | $0.32 | -121.6% | -111.5% |
| Free Cash Flow | -$2M | $38M | $17M | -104.0% | -108.7% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $123M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $23M |
| Operating Expenses | $107M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $16M |
| Interest Income | $594.0K |
| Interest Expense | $5M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $22M |
| EBIT | $23M |
| EBITDA | $44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $16M |
| Sales/Maturities of Investments | -$16M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $730.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $162M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $572M |
| PP&E (Net) | $342M |
| Goodwill | $202M |
| Intangible Assets | $277M |
| Long-Term Investments | $31M |
| Tax Assets | $107M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $38M |
| Short-Term Debt | $4M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $250M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $334M |
| TOTAL LIABILITIES | $452M |
| Common Stock | $2M |
| Additional Paid-In Capital | $694M |
| Retained Earnings | $463M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $1M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $275M |
| Net Debt | $63M |
