| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $96M | $94M | 1.6% | 3.9% |
| Op. Income | $3M | $4M | $3M | -39.2% | -15.9% |
| Gross Margin | 63.2% | 63.7% | 65.2% | -0.5pp | -2.0pp |
| Net Margin | -16.9% | -2.4% | -4.2% | -14.6pp | -12.7pp |
| EPS (Diluted) | $-0.39 | $-0.05 | $-0.10 | -614.3% | -302.9% |
| Free Cash Flow | $9M | $8M | $9M | 11.5% | -2.2% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $62M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $3M |
| Interest Income | $374.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | -$119.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $6M |
| EBIT | -$7M |
| EBITDA | -$565.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $899.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $174.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $0 |
| Net Receivables | $86M |
| Inventory | $80M |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $290M |
| PP&E (Net) | $76M |
| Goodwill | $241M |
| Intangible Assets | $156M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $499M |
| TOTAL ASSETS | $789M |
| Account Payables | $18M |
| Short-Term Debt | $195.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $583.0K |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $314M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $446M |
| TOTAL LIABILITIES | $513M |
| Common Stock | $434.0K |
| Additional Paid-In Capital | $377M |
| Retained Earnings | -$61M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $276M |
| Minority Interest | $0 |
| TOTAL EQUITY | $276M |
| TOTAL LIABILITIES & EQUITY | $789M |
| Total Debt | $362M |
| Net Debt | $309M |
