| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $138M | $133M | 5.7% | 9.7% |
| Op. Income | $295.0K | $794.0K | -$7M | -62.8% | 104.4% |
| Gross Margin | 22.6% | 22.0% | 22.7% | 0.6pp | -0.1pp |
| Net Margin | -3.4% | -2.9% | -8.9% | -0.5pp | 5.5pp |
| EPS (Diluted) | $-0.08 | $-0.06 | $-0.19 | -26.2% | 57.9% |
| Free Cash Flow | $879.0K | $16M | $7M | -94.6% | -86.8% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $33M |
| R&D Expenses | $500.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $7M |
| Operating Expenses | $33M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $295.0K |
| Interest Income | $732.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $1M |
| 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 | $1M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$308.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$592.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $54.3K |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $879.0K |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $18M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $188M |
| PP&E (Net) | $39M |
| Goodwill | $139M |
| Intangible Assets | $111M |
| Long-Term Investments | $77M |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $371M |
| TOTAL ASSETS | $558M |
| Account Payables | $17M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $185M |
| TOTAL LIABILITIES | $303M |
| Common Stock | $83.0K |
| Additional Paid-In Capital | $344M |
| Retained Earnings | $310M |
| Treasury Stock | -$290M |
| Accum. Other Comp. Income | -$188M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $255M |
| Minority Interest | $0 |
| TOTAL EQUITY | $255M |
| TOTAL LIABILITIES & EQUITY | $558M |
| Total Debt | $167M |
| Net Debt | $108M |
