| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $123M | $134M | 1.7% | -6.9% |
| Op. Income | -$14M | -$11M | -$22M | -25.9% | 35.8% |
| Gross Margin | 61.8% | 61.5% | 59.7% | 0.3pp | 2.1pp |
| Net Margin | -8.1% | -8.4% | -15.8% | 0.3pp | 7.8pp |
| EPS (Diluted) | $-0.06 | $-0.06 | $-0.12 | 1.4% | 52.0% |
| Free Cash Flow | $13M | $864.0K | $331.0K | 1434.3% | 3904.8% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $61M |
| General & Administrative | $31M |
| SG&A Expenses | $91M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $139M |
| OPERATING INCOME | -$14M |
| Interest Income | $2M |
| Interest Expense | $902.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| 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 | -$10M |
| D&A | $3M |
| EBIT | -$9M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $15M |
| 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 | -$42M |
| Common Stock Repurchased | -$192.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $172.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $98M |
| Other Current Assets | $1 |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $80M |
| TOTAL ASSETS | $321M |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $700.0K |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $176M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $490M |
| Retained Earnings | -$342M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $144M |
| Minority Interest | $0 |
| TOTAL EQUITY | $144M |
| TOTAL LIABILITIES & EQUITY | $321M |
| Total Debt | $89M |
| Net Debt | -$42M |
