| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $36M | $39M | 5.7% | -4.7% |
| Op. Income | $5M | -$1M | $1M | 485.5% | 243.1% |
| Gross Margin | 39.4% | 27.3% | 31.7% | 12.0pp | 7.7pp |
| Net Margin | 7.3% | -4.6% | 0.7% | 11.9pp | 6.6pp |
| EPS (Diluted) | $0.37 | $-0.22 | $0.04 | 268.2% | 825.0% |
| Free Cash Flow | $399.0K | $2M | -$4M | -75.5% | 110.8% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $630.0K |
| Other Income/Expenses | -$917.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $949.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $630.0K |
| Other Income/Expenses | -$917.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $949.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $311.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$785.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$785.0K |
| Net Debt Issuance | $325.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$453.0K |
| NET CASH FROM FINANCING | -$128.0K |
| FREE CASH FLOW | $399.0K |
| Net Change in Cash | $297.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $47M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $15M |
| Goodwill | $14M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $134M |
| Account Payables | $5M |
| Short-Term Debt | $18M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $152.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $540.0K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | $61M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87M |
| Minority Interest | $0 |
| TOTAL EQUITY | $87M |
| TOTAL LIABILITIES & EQUITY | $134M |
| Total Debt | $28M |
| Net Debt | $23M |
