| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | — | $20M | — | 20.0% |
| Op. Income | $10M | — | $9M | — | 15.3% |
| Gross Margin | 88.5% | — | 89.0% | — | -0.5pp |
| Net Margin | 34.0% | — | 41.3% | — | -7.3pp |
| EPS (Diluted) | $0.38 | — | $0.38 | — | 0.0% |
| Free Cash Flow | -$5M | — | -$3M | — | -55.5% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $21M |
| R&D Expenses | $4M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $337.7K |
| Other Income/Expenses | -$995.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $546.4K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $21M |
| R&D Expenses | $4M |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $337.7K |
| Other Income/Expenses | -$995.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $546.4K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $733.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$2M |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $1M |
| Other Current Assets | $295.8K |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $8M |
| Goodwill | $57.8K |
| Intangible Assets | $16.5K |
| Long-Term Investments | $0 |
| Tax Assets | $714.5K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $78M |
| Account Payables | $1M |
| Short-Term Debt | $17M |
| Deferred Revenue | $792.1K |
| Other Current Liabilities | $45.2K |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $2.6K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $101.3K |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $78M |
| Total Debt | $21M |
| Net Debt | $18M |
