| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $208M | $168M | -8.9% | 12.7% |
| Op. Income | $8M | $18M | $81M | -56.0% | -90.3% |
| Gross Margin | 38.8% | 40.7% | 40.4% | -1.9pp | -1.6pp |
| Net Margin | 5.1% | 9.0% | 45.1% | -3.9pp | -40.0pp |
| EPS (Diluted) | $0.12 | $0.24 | $0.97 | -50.0% | -87.6% |
| Free Cash Flow | $28M | $18M | -$683.0K | 58.8% | 4236.2% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $74M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $8M |
| Interest Income | $4M |
| Interest Expense | $418.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $9M |
| EBIT | $43M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $74M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $8M |
| Interest Income | $4M |
| Interest Expense | $418.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $9M |
| EBIT | $43M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $689.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$272.0K |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $169M |
| Net Receivables | $104M |
| Inventory | $102M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $605M |
| PP&E (Net) | $233M |
| Goodwill | $199M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $92M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $541M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $62M |
| Short-Term Debt | $1M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $198M |
| Common Stock | $77.0K |
| Additional Paid-In Capital | $838M |
| Retained Earnings | $121M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $948M |
| Minority Interest | $0 |
| TOTAL EQUITY | $948M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $39M |
| Net Debt | -$152M |
