| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $75M | $76M | 4.7% | 3.3% |
| Op. Income | $13M | $7M | $3M | 89.3% | 343.6% |
| Gross Margin | 39.7% | 37.1% | 38.2% | 2.6pp | 1.5pp |
| Net Margin | 15.1% | 9.1% | 4.6% | 5.9pp | 10.5pp |
| EPS (Diluted) | $0.21 | $0.12 | $0.06 | 75.0% | 246.0% |
| Free Cash Flow | $14M | $13M | $8M | 3.9% | 82.5% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $31M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | -$5M |
| Operating Expenses | $18M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $13M |
| Interest Income | $902.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $63.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $31M |
| R&D Expenses | $10M |
| Selling & Marketing | $7M |
| General & Administrative | $6M |
| SG&A Expenses | $13M |
| Other Expenses | -$5M |
| Operating Expenses | $18M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $13M |
| Interest Income | $902.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $63.0K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | -$3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $39M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $256M |
| PP&E (Net) | $77M |
| Goodwill | $52M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $174M |
| TOTAL ASSETS | $430M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $580.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $125M |
| Common Stock | $3M |
| Additional Paid-In Capital | $943M |
| Retained Earnings | -$635M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $430M |
| Total Debt | $9M |
| Net Debt | -$111M |
