| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $179M | $220M | -1.5% | -20.2% |
| Op. Income | $5M | $5M | $21M | 1.9% | -76.6% |
| Gross Margin | 60.2% | 60.4% | 60.8% | -0.2pp | -0.6pp |
| Net Margin | 2.8% | 2.5% | 7.8% | 0.3pp | -5.0pp |
| EPS (Diluted) | $0.29 | $0.27 | $1.02 | 7.4% | -71.6% |
| Free Cash Flow | $16M | $5M | $33M | 232.0% | -51.6% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $5M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $101M |
| Other Expenses | $0 |
| Operating Expenses | $101M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $5M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $998.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$791.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $409.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $127M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $89M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $250M |
| PP&E (Net) | $379M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $409M |
| TOTAL ASSETS | $659M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $44M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $214M |
| TOTAL LIABILITIES | $352M |
| Common Stock | $32M |
| Additional Paid-In Capital | $116M |
| Retained Earnings | $416M |
| Treasury Stock | -$255M |
| Accum. Other Comp. Income | -$983.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $659M |
| Total Debt | $222M |
| Net Debt | $95M |
