| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $36M | $38M | 3.0% | -2.9% |
| Op. Income | $10M | $8M | $12M | 20.2% | -18.1% |
| Gross Margin | 61.1% | 57.3% | 63.7% | 3.8pp | -2.6pp |
| Net Margin | 17.8% | 15.9% | 23.3% | 1.9pp | -5.5pp |
| EPS (Diluted) | $0.28 | $0.24 | $0.36 | 16.7% | -22.2% |
| Free Cash Flow | $2M | $8M | $8M | -75.3% | -75.6% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $22.0K |
| Interest Expense | $729.0K |
| Other Income/Expenses | -$713.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $22.0K |
| Interest Expense | $729.0K |
| Other Income/Expenses | -$713.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $188.0K |
| Deferred Income Tax | -$499.0K |
| Other Non-Cash Items | $77.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $6M |
| 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 | $9M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $772.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $692.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $40M |
| Goodwill | $66M |
| Intangible Assets | $3M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $113M |
| TOTAL ASSETS | $133M |
| Account Payables | $1M |
| Short-Term Debt | $5M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $216.0K |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $101M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $180M |
| Retained Earnings | -$17M |
| Treasury Stock | -$132M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $133M |
| Total Debt | $64M |
| Net Debt | $60M |
