| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $119M | $149M | 26.0% | 0.8% |
| Op. Income | $27M | $13M | $26M | 110.8% | 6.2% |
| Gross Margin | 56.6% | 54.1% | 56.4% | 2.5pp | 0.2pp |
| Net Margin | 14.4% | 8.3% | 14.9% | 6.1pp | -0.5pp |
| EPS (Diluted) | $1.62 | $0.73 | $1.57 | 121.9% | 3.2% |
| Free Cash Flow | $10M | $11M | $24M | -13.5% | -60.0% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $27M |
| Interest Income | $138.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $138.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $27M |
| Interest Income | $138.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $138.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $27M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $481.0K |
| Deferred Income Tax | $993.0K |
| Other Non-Cash Items | $600.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $70M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $126M |
| PP&E (Net) | $150M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $164M |
| TOTAL ASSETS | $290M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $151M |
| Common Stock | $133.0K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | $90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $290M |
| Total Debt | $97M |
| Net Debt | $69M |
