| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $51M | $92M | 20.3% | -33.1% |
| Op. Income | $2M | -$3M | $10M | 155.8% | -84.2% |
| Gross Margin | 9.1% | 0.7% | 15.1% | 8.4pp | -6.0pp |
| Net Margin | 4.5% | -2.3% | 25.4% | 6.9pp | -20.9pp |
| EPS (Diluted) | $0.06 | $-0.03 | $0.53 | 334.1% | -87.9% |
| Free Cash Flow | -$21M | $20M | $20M | -200.9% | -201.0% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $6M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $34.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $157.0K |
| 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 | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $6M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $34.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $157.0K |
| 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 | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $246.0K |
| Deferred Income Tax | $155.0K |
| Other Non-Cash Items | $573.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$555.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $21M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $79M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $248M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $904.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $773.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $205M |
| Retained Earnings | $383.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $248M |
| Total Debt | $0 |
| Net Debt | -$110M |
