| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $233M | $211M | $203M | 10.5% | 14.7% |
| Op. Income | -$1M | -$385.0K | -$8M | -225.2% | 84.3% |
| Gross Margin | 11.6% | 13.2% | 10.0% | -1.6pp | 1.6pp |
| Net Margin | -1.7% | -1.3% | -5.8% | -0.4pp | 4.2pp |
| EPS (Diluted) | $-0.12 | $-0.08 | $-0.40 | -50.0% | 70.0% |
| Free Cash Flow | -$7M | $2M | $35M | -417.2% | -119.5% |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $206M |
| GROSS PROFIT | $27M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $2M |
| Operating Expenses | $28M |
| Cost & Expenses | $235M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $745.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $8M |
| EBIT | -$2M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$564.0K |
| Other Non-Cash Items | $116.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $983.0K |
| NET CASH FROM FINANCING | -$892.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $250M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $453M |
| PP&E (Net) | $139M |
| Goodwill | $335M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $996M |
| Account Payables | $92M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $297M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $606M |
| Retained Earnings | $184M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $698M |
| Minority Interest | $0 |
| TOTAL EQUITY | $698M |
| TOTAL LIABILITIES & EQUITY | $996M |
| Total Debt | $174M |
| Net Debt | $66M |
