| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $34M | $39M | 4.8% | -7.0% |
| Op. Income | -$3M | -$9M | -$4M | 71.4% | 40.5% |
| Gross Margin | 30.3% | 24.1% | 32.4% | 6.2pp | -2.1pp |
| Net Margin | -6.7% | -22.3% | -10.6% | 15.6pp | 3.9pp |
| EPS (Diluted) | $-0.03 | $-0.07 | $-0.04 | 61.6% | 32.8% |
| Free Cash Flow | $7M | $4M | -$1M | 87.6% | 601.7% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $236.6K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $13M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$3M |
| Interest Expense | $193.0K |
| Other Income/Expenses | -$188.5K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$359.2K |
| 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 | -$3M |
| D&A | $5M |
| EBIT | -$3M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$359.6K |
| Other Non-Cash Items | $190.3K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $10M |
| 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 | -$1M |
| Common Stock Repurchased | -$296.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $50M |
| Other Current Assets | -$1 |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $59M |
| Goodwill | $91M |
| Intangible Assets | $119M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $272M |
| TOTAL ASSETS | $401M |
| Account Payables | $19M |
| Short-Term Debt | $439.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80.1K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $118.6K |
| Additional Paid-In Capital | $395M |
| Retained Earnings | -$32M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $0 |
| TOTAL EQUITY | $361M |
| TOTAL LIABILITIES & EQUITY | $401M |
| Total Debt | $13M |
| Net Debt | -$41M |
