| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $26M | $26M | 0.9% | 0.6% |
| Op. Income | $1M | $4M | $2M | -64.4% | -46.2% |
| Gross Margin | 40.8% | 45.7% | 47.5% | -4.9pp | -6.6pp |
| Net Margin | 3.2% | 7.3% | 4.8% | -4.1pp | -1.6pp |
| EPS (Diluted) | $0.11 | $0.28 | $0.16 | -60.7% | -31.3% |
| Free Cash Flow | $4M | $3M | $4M | 58.2% | 14.9% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $11M |
| R&D Expenses | $438.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $10.0K |
| Other Income/Expenses | $586.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $285.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $830.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $791.6K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $11M |
| R&D Expenses | $438.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $10.0K |
| Other Income/Expenses | $586.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $285.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $830.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $791.6K |
| D&A | $1M |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $830.4K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$207.5K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $792.9K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$415.0K |
| Acquisitions (Net) | $75.4K |
| Purchases of Investments | -$1.3K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$349.7K |
| Net Debt Issuance | -$67.5K |
| Common Stock Repurchased | -$620.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $136.1K |
| Net Receivables | $80M |
| Inventory | $3M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $58M |
| Goodwill | $4M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $74M |
| TOTAL ASSETS | $214M |
| Account Payables | $2M |
| Short-Term Debt | $47.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $66.9K |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $371.6K |
| Other Non-Current Liabilities | $124.7K |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $673 |
| Additional Paid-In Capital | $181M |
| Retained Earnings | -$14M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | -$9M |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $214M |
| Total Debt | $42M |
| Net Debt | -$15M |
