| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $138M | $132M | 7.5% | 12.5% |
| Op. Income | -$21M | $5M | $18M | -497.0% | -214.3% |
| Gross Margin | 57.5% | 58.2% | 63.5% | -0.7pp | -6.0pp |
| Net Margin | -16.3% | -1.7% | 7.5% | -14.6pp | -23.8pp |
| EPS (Diluted) | $-1.27 | $-0.14 | $0.50 | -807.1% | -354.0% |
| Free Cash Flow | $8M | $13M | $28M | -40.9% | -72.3% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $85M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $17M |
| Operating Expenses | $106M |
| Cost & Expenses | $169M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $16M |
| EBIT | -$29M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$393M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$631.0K |
| NET CASH FROM INVESTING | -$399M |
| Net Debt Issuance | -$294M |
| Common Stock Repurchased | -$680.0K |
| Common Dividends Paid | -$406.0K |
| Other Financing Activities | $586M |
| NET CASH FROM FINANCING | $291M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $8M |
| Net Receivables | $196M |
| Inventory | $148M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $521M |
| PP&E (Net) | $57M |
| Goodwill | $60M |
| Intangible Assets | $570M |
| Long-Term Investments | $0 |
| Tax Assets | $68M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $766M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $61M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $618M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $667M |
| TOTAL LIABILITIES | $857M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $511M |
| Retained Earnings | -$90M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $431M |
| Minority Interest | $0 |
| TOTAL EQUITY | $431M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $625M |
| Net Debt | $480M |
