| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $123M | $124M | -0.8% | -2.0% |
| Op. Income | -$7M | -$5M | -$5M | -53.4% | -61.6% |
| Gross Margin | 13.1% | 14.7% | 16.4% | -1.6pp | -3.4pp |
| Net Margin | -8.0% | -5.5% | -4.9% | -2.5pp | -3.0pp |
| EPS (Diluted) | $-1.68 | $-1.20 | $-1.12 | -40.0% | -50.0% |
| Free Cash Flow | -$14M | -$1M | -$15M | -935.9% | 9.1% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $12M |
| Operating Expenses | $23M |
| Cost & Expenses | $129M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $6.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $7M |
| EBIT | -$7M |
| EBITDA | -$283.0K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $333.0K |
| Deferred Income Tax | -$27.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$10M |
| 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 | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$866.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $11M |
| Other Current Assets | $24.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $295M |
| Goodwill | $7M |
| Intangible Assets | $495.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $304M |
| TOTAL ASSETS | $325M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $276.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $330M |
| Common Stock | $482.0K |
| Additional Paid-In Capital | $213M |
| Retained Earnings | -$184M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $325M |
| Total Debt | $291M |
| Net Debt | $290M |
