| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $64M | $63M | -17.7% | -15.8% |
| Op. Income | -$2M | $390.0K | $1M | -571.3% | -272.7% |
| Gross Margin | 66.4% | 73.9% | 74.0% | -7.5pp | -7.5pp |
| Net Margin | -5.9% | -2.7% | -2.1% | -3.2pp | -3.8pp |
| EPS (Diluted) | $-0.08 | $-0.04 | $-0.03 | -87.8% | -150.3% |
| Free Cash Flow | $3M | $10M | $11M | -66.0% | -71.2% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $37M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$374.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $14M |
| EBIT | -$2M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $330.0K |
| Deferred Income Tax | -$141.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $9.1K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $88.9K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$263 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$700.4K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $21M |
| Other Current Assets | $926.0K |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $54M |
| Goodwill | $51M |
| Intangible Assets | $68M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $337.0K |
| TOTAL NON-CURRENT ASSETS | $174M |
| TOTAL ASSETS | $247M |
| Account Payables | $29M |
| Short-Term Debt | $16M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $202.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $140M |
| Common Stock | $0 |
| Additional Paid-In Capital | $278M |
| Retained Earnings | -$171M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $107M |
| Minority Interest | $0 |
| TOTAL EQUITY | $107M |
| TOTAL LIABILITIES & EQUITY | $247M |
| Total Debt | $100M |
| Net Debt | $84M |
