| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $273M | $282M | 5.0% | 1.5% |
| Op. Income | $34M | $56M | $32M | -39.9% | 6.7% |
| Gross Margin | 59.9% | 69.0% | 64.5% | -9.1pp | -4.6pp |
| Net Margin | 5.1% | 5.4% | 2.1% | -0.3pp | 3.0pp |
| EPS (Diluted) | $0.25 | $0.25 | $0.10 | 0.0% | 150.0% |
| Free Cash Flow | $27M | -$12M | $20M | 325.4% | 30.4% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $171M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $21M |
| Operating Expenses | $138M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$22M |
| 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 | $22M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $0 |
| Net Receivables | $248M |
| Inventory | $172M |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $761M |
| PP&E (Net) | $290M |
| Goodwill | $16M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $524M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $91M |
| Short-Term Debt | $10M |
| Deferred Revenue | -$189M |
| Other Current Liabilities | $189M |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $600.0K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | -$499M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$293M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$738M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$738M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
