| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $89M | $94M | -16.9% | -21.7% |
| Op. Income | $14M | -$3M | $12M | 500.4% | 20.1% |
| Gross Margin | 31.8% | 7.0% | 28.0% | 24.8pp | 3.8pp |
| Net Margin | 13.3% | -3.0% | 7.0% | 16.4pp | 6.3pp |
| EPS (Diluted) | $0.47 | $-0.13 | $0.31 | 461.5% | 51.6% |
| Free Cash Flow | $22M | -$18M | $29M | 218.7% | -25.9% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10M |
| Operating Expenses | $10M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $154.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10M |
| Operating Expenses | $10M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $154.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $154.0K |
| Stock-Based Compensation | $81.0K |
| Deferred Income Tax | $36.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$214.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $247.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$26.0K |
| Common Stock Repurchased | -$4.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30.0K |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $141M |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $281M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $100.0K |
| Long-Term Investments | $193M |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $245M |
| TOTAL ASSETS | $527M |
| Account Payables | $0 |
| Short-Term Debt | $513.0K |
| Deferred Revenue | $126M |
| Other Current Liabilities | $120M |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $268M |
| TOTAL NON-CURRENT LIABILITIES | $278M |
| TOTAL LIABILITIES | $282M |
| Common Stock | $230.0K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | $202M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | -$455.0K |
| TOTAL STOCKHOLDERS' EQUITY | $245M |
| Minority Interest | $0 |
| TOTAL EQUITY | $245M |
| TOTAL LIABILITIES & EQUITY | $527M |
| Total Debt | $2M |
| Net Debt | -$49M |
