| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $28M | $29M | 1.6% | -2.5% |
| Op. Income | $3M | $2M | -$2M | 43.8% | 265.7% |
| Gross Margin | 46.0% | 45.7% | 37.6% | 0.2pp | 8.3pp |
| Net Margin | 10.9% | 6.0% | -9.4% | 5.0pp | 20.3pp |
| EPS (Diluted) | $-0.04 | $-0.14 | $-0.42 | 70.6% | 90.2% |
| Free Cash Flow | $7M | $3M | $1M | 151.6% | 530.5% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $13M |
| R&D Expenses | $800.0K |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $3M |
| Interest Income | $17.0K |
| Interest Expense | $179.0K |
| Other Income/Expenses | -$102.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $41.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$667.0K |
| D&A | $3M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $13M |
| R&D Expenses | $800.0K |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $3M |
| Interest Income | $17.0K |
| Interest Expense | $179.0K |
| Other Income/Expenses | -$102.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $41.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$667.0K |
| D&A | $3M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $252.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $767.0K |
| Change in Working Capital | -$393.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$334.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $165.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $514.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $8M |
| Goodwill | $19M |
| Intangible Assets | $20M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $536.0K |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $71M |
| Account Payables | $6M |
| Short-Term Debt | $506.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $29.0K |
| Deferred Revenue NC | $327.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $121M |
| Retained Earnings | -$70M |
| Treasury Stock | -$662.0K |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $4M |
| Net Debt | $1M |
