| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $230M | $218M | -0.4% | 4.8% |
| Op. Income | $12M | $21M | $16M | -44.1% | -25.4% |
| Gross Margin | 50.5% | 50.9% | 49.5% | -0.3pp | 1.1pp |
| Net Margin | -0.9% | -1.5% | 3.8% | 0.6pp | -4.6pp |
| EPS (Diluted) | $-0.01 | $-0.02 | $0.04 | 42.2% | -124.6% |
| Free Cash Flow | -$62M | -$9M | -$32M | -616.9% | -93.6% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $116M |
| R&D Expenses | $5M |
| Selling & Marketing | $48M |
| General & Administrative | $52M |
| SG&A Expenses | $100M |
| Other Expenses | -$938.0K |
| Operating Expenses | $104M |
| Cost & Expenses | $217M |
| OPERATING INCOME | $12M |
| Interest Income | $2M |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$4M |
| 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 | $30M |
| EBIT | $13M |
| EBITDA | $43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $795.0K |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$8.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $41.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$96.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $7M |
| Net Receivables | $174M |
| Inventory | $182M |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $602M |
| PP&E (Net) | $288M |
| Goodwill | $2.1B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $354M |
| Other Non-Current Assets | -$337M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $90M |
| Short-Term Debt | $3M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $888M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $354M |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $35M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $561M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $890M |
| Net Debt | $729M |
