| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $120M | $127M | 46.0% | 38.0% |
| Op. Income | -$7M | -$6M | -$34M | -18.9% | 79.1% |
| Gross Margin | 27.0% | 33.3% | 8.3% | -6.3pp | 18.8pp |
| Net Margin | -16.1% | 10.4% | -30.2% | -26.5pp | 14.2pp |
| EPS (Diluted) | $-0.12 | $0.05 | $-0.17 | -324.3% | 29.4% |
| Free Cash Flow | $70M | -$23M | $11M | 408.1% | 559.3% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $47M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $40M |
| SG&A Expenses | $50M |
| Other Expenses | -$278.0K |
| Operating Expenses | $55M |
| Cost & Expenses | $183M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $15M |
| EBIT | -$7M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$6.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6.0K |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $124M |
| Inventory | $482.0K |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $289M |
| PP&E (Net) | $27M |
| Goodwill | $326M |
| Intangible Assets | $116M |
| Long-Term Investments | $32M |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $504M |
| TOTAL ASSETS | $792M |
| Account Payables | $37M |
| Short-Term Debt | $19.0K |
| Deferred Revenue | $73M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $220M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $572M |
| Minority Interest | $0 |
| TOTAL EQUITY | $572M |
| TOTAL LIABILITIES & EQUITY | $792M |
| Total Debt | $8M |
| Net Debt | -$103M |
