| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $165M | $133M | -9.2% | 13.2% |
| Op. Income | -$11M | -$1M | -$14M | -826.3% | 27.1% |
| Gross Margin | 23.7% | 26.6% | 23.2% | -2.9pp | 0.5pp |
| Net Margin | -7.5% | -1.8% | -14.3% | -5.7pp | 6.8pp |
| EPS (Diluted) | $-0.39 | $-0.10 | $-0.63 | -290.0% | 38.1% |
| Free Cash Flow | $20M | -$33M | -$11M | 162.1% | 285.8% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $36M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $161M |
| OPERATING INCOME | -$11M |
| Interest Income | $1M |
| Interest Expense | $959.0K |
| Other Income/Expenses | -$97.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $611.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $13M |
| EBIT | -$9M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$30.0K |
| Other Non-Cash Items | $722.0K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $567.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $198M |
| Other Current Assets | $208.0K |
| TOTAL CURRENT ASSETS | $395M |
| PP&E (Net) | $369M |
| Goodwill | $269.0K |
| Intangible Assets | $4M |
| Long-Term Investments | $359M |
| Tax Assets | $499.0K |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $759M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $43M |
| Short-Term Debt | $12M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $30M |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $265M |
| Common Stock | $72.0K |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $634M |
| Treasury Stock | -$79M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $889M |
| Minority Interest | $0 |
| TOTAL EQUITY | $889M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $70M |
| Net Debt | -$105M |
