| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $242M | $195M | -10.1% | 11.5% |
| Op. Income | $17M | $25M | $13M | -31.1% | 36.6% |
| Gross Margin | 17.0% | 17.4% | 16.6% | -0.4pp | 0.4pp |
| Net Margin | 6.6% | 8.9% | -3.7% | -2.3pp | 10.4pp |
| EPS (Diluted) | $0.14 | $0.20 | $-0.07 | -30.0% | 292.0% |
| Free Cash Flow | $13M | $27M | $14M | -51.8% | -8.7% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $5M |
| Operating Expenses | $20M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $6M |
| EBIT | $18M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $5M |
| Operating Expenses | $20M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $17M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $6M |
| EBIT | $18M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $494.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $46M |
| Inventory | $47M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $162M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $530M |
| Long-Term Investments | $711.0K |
| Tax Assets | $1M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $585M |
| TOTAL ASSETS | $746M |
| Account Payables | $30M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $884.0K |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $94M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $113M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $834M |
| Retained Earnings | -$280M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $397.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $554M |
| Minority Interest | $0 |
| TOTAL EQUITY | $554M |
| TOTAL LIABILITIES & EQUITY | $746M |
| Total Debt | $113M |
| Net Debt | $55M |
