| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $321M | $271M | $187M | 18.5% | 71.4% |
| Op. Income | $17M | $32M | $8M | -46.5% | 111.7% |
| Gross Margin | 70.7% | 70.8% | 68.9% | -0.1pp | 1.8pp |
| Net Margin | 4.5% | 9.9% | 8.7% | -5.4pp | -4.1pp |
| EPS (Diluted) | $0.25 | $0.46 | $0.29 | -45.7% | -13.8% |
| Free Cash Flow | $34M | -$22M | $33M | 258.6% | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $266M |
| General & Administrative | -$56M |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $12M |
| EBIT | $20M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $321M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $266M |
| General & Administrative | -$56M |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $210M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $12M |
| EBIT | $20M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87.0K |
| NET CASH FROM FINANCING | -$106.0K |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $191M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $477M |
| PP&E (Net) | $14M |
| Goodwill | $341M |
| Intangible Assets | $225M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $652M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $81M |
| Short-Term Debt | $107M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $299M |
| Long-Term Debt | $162M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $616.0K |
| TOTAL NON-CURRENT LIABILITIES | $188M |
| TOTAL LIABILITIES | $487M |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $936M |
| Retained Earnings | -$294M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$50.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $643M |
| Minority Interest | $0 |
| TOTAL EQUITY | $643M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $291M |
| Net Debt | $182M |
