| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $63M | $73M | 8.3% | -7.7% |
| Op. Income | $8M | $4M | $6M | 78.9% | 23.7% |
| Gross Margin | 24.8% | 23.2% | 24.7% | 1.6pp | 0.1pp |
| Net Margin | 8.4% | 4.5% | 5.8% | 3.8pp | 2.5pp |
| EPS (Diluted) | $0.40 | $0.20 | $0.31 | 100.0% | 29.0% |
| Free Cash Flow | $10M | $12M | $14M | -18.6% | -29.1% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | -$3M |
| Operating Expenses | $9M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $530.0K |
| Other Income/Expenses | -$523.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | -$3M |
| Operating Expenses | $9M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $530.0K |
| Other Income/Expenses | -$523.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| 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 | $2M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $503.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$308.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $64.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $426.0K |
| Short-Term Investments | $0 |
| Net Receivables | $53M |
| Inventory | $85M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $30M |
| Goodwill | $42M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $245M |
| Account Payables | $20M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $297.0K |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $6M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $170M |
| Minority Interest | $0 |
| TOTAL EQUITY | $170M |
| TOTAL LIABILITIES & EQUITY | $245M |
| Total Debt | $38M |
| Net Debt | $37M |
