| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $180M | $177M | -12.9% | -11.4% |
| Op. Income | $11M | $20M | $17M | -44.4% | -36.3% |
| Gross Margin | 50.5% | 52.1% | 49.3% | -1.7pp | 1.1pp |
| Net Margin | 4.0% | 4.8% | 6.0% | -0.8pp | -2.0pp |
| EPS (Diluted) | $0.21 | $0.29 | $0.35 | -27.6% | -40.0% |
| Free Cash Flow | $41M | $67M | $56M | -38.6% | -26.3% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $11M |
| Interest Income | $500.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $800.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $17M |
| EBIT | $11M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $68M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $11M |
| Interest Income | $500.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $800.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $17M |
| EBIT | $11M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$800.0K |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $138M |
| Inventory | $4M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $233M |
| PP&E (Net) | $21M |
| Goodwill | $405M |
| Intangible Assets | $97M |
| Long-Term Investments | $0 |
| Tax Assets | $72M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $625M |
| TOTAL ASSETS | $857M |
| Account Payables | $29M |
| Short-Term Debt | $13M |
| Deferred Revenue | $53M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $197M |
| TOTAL LIABILITIES | $421M |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $333M |
| Retained Earnings | $529M |
| Treasury Stock | -$344M |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $436M |
| Minority Interest | $0 |
| TOTAL EQUITY | $436M |
| TOTAL LIABILITIES & EQUITY | $857M |
| Total Debt | $144M |
| Net Debt | $87M |
