| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $40M | $41M | 2.6% | 0.3% |
| Op. Income | $1M | $1M | $82.0K | -12.6% | 1362.2% |
| Gross Margin | 7.9% | 7.6% | 4.8% | 0.3pp | 3.1pp |
| Net Margin | -2.8% | -1.8% | 0.6% | -1.0pp | -3.4pp |
| EPS (Diluted) | $-0.07 | $-0.04 | $0.02 | -56.1% | -558.9% |
| Free Cash Flow | -$298.0K | $1M | $158.0K | -129.4% | -288.6% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | -$4M |
| Operating Expenses | $2M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $1M |
| Interest Income | $1M |
| Interest Expense | $775.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$613.0K |
| Income Tax Expense | $537.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $268.0K |
| EBIT | $162.0K |
| EBITDA | $430.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $218.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32.0K |
| Change in Working Capital | $600.0K |
| OPERATING CASH FLOW | -$298.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $526.0K |
| FREE CASH FLOW | -$298.0K |
| Net Change in Cash | $228.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $400.0K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $5M |
| Goodwill | $40M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $67M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $0 |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $28M |
| Net Debt | $22M |
