| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $34M | $25M | -15.6% | 14.4% |
| Op. Income | -$2M | -$3M | -$2M | 24.5% | -7.6% |
| Gross Margin | 6.3% | 4.9% | 7.6% | 1.5pp | -1.3pp |
| Net Margin | -7.6% | -6.4% | -6.3% | -1.2pp | -1.3pp |
| EPS (Diluted) | $-0.37 | $-0.37 | $-0.27 | 0.0% | -37.0% |
| Free Cash Flow | $5M | -$1M | -$4M | 609.4% | 233.1% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$2M |
| Interest Income | $51.0K |
| Interest Expense | $246.0K |
| Other Income/Expenses | -$542.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$456.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $245.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$802.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$802.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$168.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $27M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $92M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $943.0K |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $155M |
| Account Payables | $13M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $903.0K |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $67M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$261.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $155M |
| Total Debt | $58M |
| Net Debt | $48M |
