| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204M | $198M | — | 2.8% | — |
| Op. Income | $8M | $8M | — | 10.9% | — |
| Gross Margin | 21.0% | 28.0% | — | -7.1pp | — |
| Net Margin | -5.8% | 0.8% | — | -6.5pp | — |
| EPS (Diluted) | $-0.34 | $0.04 | — | -950.0% | — |
| Free Cash Flow | $7M | -$8M | — | 181.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $193M |
| Inventory | $205M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $424M |
| PP&E (Net) | $106M |
| Goodwill | $58M |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $227M |
| TOTAL ASSETS | $652M |
| Account Payables | $57M |
| Short-Term Debt | $6M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $150M |
| Long-Term Debt | $178M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $402M |
| Common Stock | $377.0K |
| Additional Paid-In Capital | $139M |
| Retained Earnings | $195M |
| Treasury Stock | -$77M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $652M |
| Total Debt | $205M |
| Net Debt | $199M |
