| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $49M | $36M | 35.7% | 83.8% |
| Op. Income | $13M | $1M | -$5M | 876.5% | 364.6% |
| Gross Margin | 78.8% | 75.6% | 68.9% | 3.2pp | 9.9pp |
| Net Margin | 10.1% | -8.6% | -25.2% | 18.7pp | 35.3pp |
| EPS (Diluted) | $0.19 | $-0.12 | $-0.26 | 258.3% | 173.1% |
| Free Cash Flow | -$55M | $2M | $8M | -2457.9% | -751.6% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $53M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $40M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$514.0K |
| NET INCOME | $7M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $53M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $40M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$514.0K |
| NET INCOME | $7M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $970.0K |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $205.0K |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $117M |
| Inventory | $11M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $190M |
| PP&E (Net) | $12M |
| Goodwill | $332.0K |
| Intangible Assets | $187M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $389M |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $220M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $228M |
| TOTAL LIABILITIES | $320M |
| Common Stock | $35.0K |
| Additional Paid-In Capital | $221M |
| Retained Earnings | -$151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | -$355.0K |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $389M |
| Total Debt | $229M |
| Net Debt | $182M |
