| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | $179M | $215M | 17.9% | -1.9% |
| Op. Income | $1M | -$9M | $4M | 113.6% | -69.4% |
| Gross Margin | 39.7% | 39.8% | 36.9% | -0.1pp | 2.8pp |
| Net Margin | -6.7% | -4.0% | 1.7% | -2.7pp | -8.4pp |
| EPS (Diluted) | $-1.71 | $-0.86 | $0.42 | -98.8% | -507.1% |
| Free Cash Flow | $26M | -$20M | $20M | 227.4% | 30.1% |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $77M |
| Other Expenses | $5M |
| Operating Expenses | $77M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $1M |
| Interest Income | $531.0K |
| Interest Expense | $81.0K |
| Other Income/Expenses | $450.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $868.0K |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $123M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $265M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $846.0K |
| TOTAL NON-CURRENT ASSETS | $266M |
| TOTAL ASSETS | $463M |
| Account Payables | $102M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $175M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $162.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $113M |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $0 |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $463M |
| Total Debt | $220M |
| Net Debt | $159M |
