| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $148M | $132M | 28.5% | 44.8% |
| Op. Income | -$4M | -$21M | $7M | 78.7% | -165.1% |
| Gross Margin | 57.9% | 57.5% | 59.4% | 0.4pp | -1.5pp |
| Net Margin | -5.4% | -16.3% | 0.9% | 10.9pp | -6.3pp |
| EPS (Diluted) | $-0.55 | $-1.27 | $0.04 | 56.7% | -1510.3% |
| Free Cash Flow | $13M | $8M | $40M | 74.6% | -66.5% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $110M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $28M |
| Operating Expenses | $115M |
| Cost & Expenses | $195M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $23M |
| EBIT | -$8M |
| EBITDA | $15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$86.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $37M |
| Common Stock Repurchased | -$318.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$123.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $6M |
| Net Receivables | $222M |
| Inventory | $137M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $528M |
| PP&E (Net) | $57M |
| Goodwill | $60M |
| Intangible Assets | $542M |
| Long-Term Investments | $0 |
| Tax Assets | $85M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $756M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $46M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $615M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $661M |
| TOTAL LIABILITIES | $855M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $520M |
| Retained Earnings | -$100M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $429M |
| Minority Interest | $0 |
| TOTAL EQUITY | $429M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $624M |
| Net Debt | $479M |
