| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $68M | $66M | -5.6% | -2.4% |
| Op. Income | $5M | $8M | $5M | -43.4% | -9.0% |
| Gross Margin | 24.9% | 24.8% | 24.3% | 0.2pp | 0.6pp |
| Net Margin | 4.2% | 8.4% | 4.4% | -4.1pp | -0.1pp |
| EPS (Diluted) | $0.19 | $0.40 | $0.21 | -52.5% | -9.5% |
| Free Cash Flow | $12M | $10M | $20M | 15.6% | -41.6% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | -$3M |
| Operating Expenses | $11M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $307.0K |
| Other Income/Expenses | -$246.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $16M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | -$3M |
| Operating Expenses | $11M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $307.0K |
| Other Income/Expenses | -$246.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$556.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $210.0K |
| NET CASH FROM INVESTING | -$346.0K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $76M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $23M |
| Goodwill | $42M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $226M |
| Account Payables | $12M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $297.0K |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $165M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $27M |
| Net Debt | $23M |
