| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $98M | $88M | -2.3% | 9.0% |
| Op. Income | $4M | $7M | -$1M | -32.6% | 452.7% |
| Gross Margin | 63.7% | 64.6% | 64.0% | -0.9pp | -0.4pp |
| Net Margin | -2.4% | -2.2% | -11.2% | -0.2pp | 8.8pp |
| EPS (Diluted) | $-0.05 | $-0.05 | $-0.24 | -7.5% | 77.3% |
| Free Cash Flow | $8M | $4M | $6M | 115.8% | 35.7% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $61M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $4M |
| Interest Income | $366.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $1M |
| 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 | $7M |
| EBITDA | $13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$77.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$148.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $78M |
| Inventory | $84M |
| Other Current Assets | $70M |
| TOTAL CURRENT ASSETS | $288M |
| PP&E (Net) | $79M |
| Goodwill | $249M |
| Intangible Assets | $165M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $515M |
| TOTAL ASSETS | $803M |
| Account Payables | $11M |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $214M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $346M |
| TOTAL LIABILITIES | $498M |
| Common Stock | $434.0K |
| Additional Paid-In Capital | $373M |
| Retained Earnings | -$45M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $305M |
| Minority Interest | $0 |
| TOTAL EQUITY | $305M |
| TOTAL LIABILITIES & EQUITY | $803M |
| Total Debt | $363M |
| Net Debt | $307M |
