| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $144M | $138M | -7.8% | -3.7% |
| Op. Income | $21M | $30M | $24M | -31.3% | -12.4% |
| Gross Margin | 38.8% | 40.6% | 40.7% | -1.8pp | -1.9pp |
| Net Margin | 14.5% | 13.2% | 11.0% | 1.2pp | 3.5pp |
| EPS (Diluted) | $0.32 | $0.32 | $0.26 | 0.0% | 23.1% |
| Free Cash Flow | $9M | $27M | $44M | -66.6% | -79.7% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $196.0K |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $196.0K |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $196.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$435.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$435.0K |
| Net Debt Issuance | -$2.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $995.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $65M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $331M |
| PP&E (Net) | $3M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $353M |
| Account Payables | $31M |
| Short-Term Debt | $10.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $5.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $318.0K |
| TOTAL NON-CURRENT LIABILITIES | $323.0K |
| TOTAL LIABILITIES | $101M |
| Common Stock | $635.0K |
| Additional Paid-In Capital | $170M |
| Retained Earnings | $153M |
| Treasury Stock | -$72M |
| Accum. Other Comp. Income | $156.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $252M |
| Minority Interest | $0 |
| TOTAL EQUITY | $252M |
| TOTAL LIABILITIES & EQUITY | $353M |
| Total Debt | $15.0K |
| Net Debt | -$157M |
