| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $15M | $16M | -22.5% | -30.4% |
| Op. Income | $1M | -$5M | -$4M | 126.8% | 134.2% |
| Gross Margin | 10.7% | 15.9% | 1.7% | -5.2pp | 9.0pp |
| Net Margin | 11.3% | -33.2% | -22.0% | 44.5pp | 33.3pp |
| EPS (Diluted) | $0.09 | $-0.34 | $-0.26 | 125.9% | 133.9% |
| Free Cash Flow | -$3M | $3M | -$9M | -212.6% | 65.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$51.0K |
| Other Expenses | $0 |
| Operating Expenses | -$51.0K |
| Cost & Expenses | $10M |
| OPERATING INCOME | $1M |
| Interest Income | $58.0K |
| Interest Expense | $10.0K |
| Other Income/Expenses | $15.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| 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 | $1M |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$51.0K |
| Other Expenses | $0 |
| Operating Expenses | -$51.0K |
| Cost & Expenses | $10M |
| OPERATING INCOME | $1M |
| Interest Income | $58.0K |
| Interest Expense | $10.0K |
| Other Income/Expenses | $15.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| 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 | $1M |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$438.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | -$513.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$705.0K |
| Net Debt Issuance | -$15.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$178.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $17M |
| Goodwill | $11M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $106.0K |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $67M |
| Account Payables | $8M |
| Short-Term Debt | $62.0K |
| Deferred Revenue | $787.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $215.0K |
| Deferred Revenue NC | $794.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $146M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $873.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $2M |
| Net Debt | -$3M |
