| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $208M | $205M | $179M | 1.3% | 15.9% |
| Op. Income | $9M | $8M | $6M | 12.4% | 57.2% |
| Gross Margin | 31.6% | 30.7% | 28.5% | 0.9pp | 3.2pp |
| Net Margin | -7.1% | -3.3% | 4.4% | -3.9pp | -11.6pp |
| EPS (Diluted) | $-1.20 | $-0.54 | $0.77 | -122.2% | -255.8% |
| Free Cash Flow | $24M | $22M | $24M | 12.6% | 2.3% |
| Item | Amount |
|---|---|
| REVENUE | $208M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $494.0K |
| Operating Expenses | $57M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $5M |
| 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 | $14M |
| EBIT | -$3M |
| EBITDA | $11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$908.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$322.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $218.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $181M |
| Inventory | $287M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $524M |
| PP&E (Net) | $137M |
| Goodwill | $66M |
| Intangible Assets | $242M |
| Long-Term Investments | $0 |
| Tax Assets | $149.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $450M |
| TOTAL ASSETS | $974M |
| Account Payables | $117M |
| Short-Term Debt | $69M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $271M |
| Long-Term Debt | $162M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $259M |
| TOTAL LIABILITIES | $530M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$731M |
| Treasury Stock | -$142M |
| Accum. Other Comp. Income | -$101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $444M |
| Minority Interest | $0 |
| TOTAL EQUITY | $444M |
| TOTAL LIABILITIES & EQUITY | $974M |
| Total Debt | $289M |
| Net Debt | $256M |
