| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $136M | $145M | -8.0% | -13.8% |
| Op. Income | $7M | $5M | $12M | 35.6% | -44.2% |
| Gross Margin | 31.4% | 29.9% | 32.7% | 1.5pp | -1.3pp |
| Net Margin | 1.7% | 0.8% | 4.6% | 0.8pp | -2.9pp |
| EPS (Diluted) | $0.13 | $0.07 | $0.41 | 87.3% | -68.3% |
| Free Cash Flow | $11M | $6M | $8M | 79.8% | 29.3% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $39M |
| R&D Expenses | $9M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $3M |
| Operating Expenses | $33M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $612.0K |
| 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 | $6M |
| EBIT | $6M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $39M |
| R&D Expenses | $9M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $3M |
| Operating Expenses | $33M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $612.0K |
| 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 | $6M |
| EBIT | $6M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $935.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$497.0K |
| Other Financing Activities | -$29.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $118M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $92M |
| Goodwill | $134M |
| Intangible Assets | $105M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $596M |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $223M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $262M |
| TOTAL LIABILITIES | $324M |
| Common Stock | $110M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273M |
| Minority Interest | $0 |
| TOTAL EQUITY | $273M |
| TOTAL LIABILITIES & EQUITY | $596M |
| Total Debt | $256M |
| Net Debt | $219M |
