| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $177M | $180M | 1.4% | -0.3% |
| Op. Income | -$9M | -$25M | -$6M | 64.5% | -47.0% |
| Gross Margin | 39.8% | 28.4% | 38.2% | 11.4pp | 1.6pp |
| Net Margin | -4.0% | -10.4% | -2.2% | 6.4pp | -1.8pp |
| EPS (Diluted) | $-0.86 | $-2.21 | $-0.47 | 61.1% | -83.0% |
| Free Cash Flow | -$20M | $2M | -$8M | -1332.2% | -169.6% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $5M |
| Operating Expenses | $80M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$9M |
| Interest Income | $482.0K |
| Interest Expense | $79.0K |
| Other Income/Expenses | $403.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $5M |
| EBIT | -$8M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $856.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$18M |
| 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 | $0 |
| NET CASH FROM FINANCING | -$24.0K |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $128M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $268M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $886.0K |
| TOTAL NON-CURRENT ASSETS | $284M |
| TOTAL ASSETS | $467M |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $337M |
| Common Stock | $162.0K |
| Additional Paid-In Capital | $107M |
| Retained Earnings | $290M |
| Treasury Stock | -$267M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $130M |
| Minority Interest | $0 |
| TOTAL EQUITY | $130M |
| TOTAL LIABILITIES & EQUITY | $467M |
| Total Debt | $225M |
| Net Debt | $186M |
