| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $138M | $113M | $127M | 21.6% | 8.8% |
| Op. Income | $12M | $9M | $268.0K | 34.4% | 4242.9% |
| Gross Margin | 15.3% | 14.3% | 9.6% | 1.0pp | 5.7pp |
| Net Margin | 25.1% | -94.5% | -2.3% | 119.7pp | 27.4pp |
| EPS (Diluted) | $0.86 | $-3.57 | $-0.10 | 124.1% | 989.3% |
| Free Cash Flow | $5M | $6M | $27M | -19.5% | -83.2% |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $138M |
| Cost of Revenue | $117M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $9M |
| Operating Expenses | $9M |
| Cost & Expenses | $126M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $780.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $114M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$380.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $75M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $78M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $224M |
| Account Payables | $50M |
| Short-Term Debt | $3M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $139M |
| TOTAL NON-CURRENT LIABILITIES | $294M |
| TOTAL LIABILITIES | $374M |
| Common Stock | $221.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$221M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $721.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$150M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$150M |
| TOTAL LIABILITIES & EQUITY | $224M |
| Total Debt | $159M |
| Net Debt | $115M |
