| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $282M | $259M | 8.7% | 18.6% |
| Op. Income | $14M | $7M | -$23M | 91.6% | 158.9% |
| Gross Margin | 46.6% | 43.5% | 40.7% | 3.1pp | 5.9pp |
| Net Margin | 5.2% | 3.1% | -5.6% | 2.1pp | 10.7pp |
| EPS (Diluted) | $0.34 | $0.19 | $-0.32 | 78.9% | 206.3% |
| Free Cash Flow | $47M | $9M | $26M | 401.5% | 81.4% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $143M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $293M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $22M |
| EBIT | $25M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $143M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $293M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $22M |
| EBIT | $25M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$266M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$234M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $369M |
| Short-Term Investments | $12M |
| Net Receivables | $256M |
| Inventory | $89M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $815M |
| PP&E (Net) | $138M |
| Goodwill | $735M |
| Intangible Assets | $247M |
| Long-Term Investments | $53M |
| Tax Assets | $57M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $52M |
| Short-Term Debt | $174M |
| Deferred Revenue | $202M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $596M |
| Long-Term Debt | $166M |
| Deferred Revenue NC | $76M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $282M |
| TOTAL LIABILITIES | $878M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $383M |
| Treasury Stock | -$290M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $383M |
| Net Debt | $13M |
