| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $285M | $275M | -7.3% | -4.2% |
| Op. Income | $7M | $20M | $7M | -64.7% | 4.6% |
| Gross Margin | 36.1% | 38.7% | 33.2% | -2.7pp | 2.9pp |
| Net Margin | -0.5% | 2.9% | -1.0% | -3.4pp | 0.5pp |
| EPS (Diluted) | $-0.01 | $0.08 | $-0.03 | -114.5% | 56.8% |
| Free Cash Flow | -$6M | $38M | -$4M | -114.7% | -53.3% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $75M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $257M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$26.0K |
| 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 | $0 |
| EBIT | $8M |
| EBITDA | $27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | -$9M |
| Stock-Based Compensation | $685.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$3M |
| 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 | -$4M |
| Common Stock Repurchased | $484.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $138M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $235M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $270M |
| TOTAL ASSETS | $493M |
| Account Payables | $77M |
| Short-Term Debt | $16M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $251M |
| Long-Term Debt | $276M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $431M |
| TOTAL LIABILITIES | $682M |
| Common Stock | $1M |
| Additional Paid-In Capital | $139M |
| Retained Earnings | -$328M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$586.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$189M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$189M |
| TOTAL LIABILITIES & EQUITY | $493M |
| Total Debt | $477M |
| Net Debt | $433M |
