| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $172M | $168M | $156M | 2.5% | 10.6% |
| Op. Income | -$18M | -$21M | -$19M | 13.2% | 0.9% |
| Gross Margin | 44.9% | 44.6% | 43.5% | 0.3pp | 1.5pp |
| Net Margin | -8.9% | -10.5% | -9.2% | 1.6pp | 0.3pp |
| EPS (Diluted) | $-0.60 | $-0.70 | $-0.55 | 14.3% | -9.1% |
| Free Cash Flow | -$2M | -$2M | $11M | -15.8% | -116.8% |
| Item | Amount |
|---|---|
| REVENUE | $172M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $77M |
| R&D Expenses | $8M |
| Selling & Marketing | $22M |
| General & Administrative | $64M |
| SG&A Expenses | $86M |
| Other Expenses | $2M |
| Operating Expenses | $96M |
| Cost & Expenses | $190M |
| OPERATING INCOME | -$18M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$804.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $18M |
| EBIT | -$15M |
| EBITDA | $4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $687.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $367M |
| Short-Term Investments | $20M |
| Net Receivables | $151M |
| Inventory | $27M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $596M |
| PP&E (Net) | $174M |
| Goodwill | $523M |
| Intangible Assets | $340M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $22M |
| Short-Term Debt | $201M |
| Deferred Revenue | $409.0K |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $301M |
| Long-Term Debt | $340M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $434M |
| TOTAL LIABILITIES | $736M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$326M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$206.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $902M |
| Minority Interest | $0 |
| TOTAL EQUITY | $902M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $605M |
| Net Debt | $238M |
