| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $60M | $71M | 27.4% | 8.3% |
| Op. Income | $6M | $4M | $8M | 43.3% | -20.5% |
| Gross Margin | 28.0% | 29.6% | 30.0% | -1.5pp | -2.0pp |
| Net Margin | 3.7% | 4.5% | 7.4% | -0.8pp | -3.7pp |
| EPS (Diluted) | $0.37 | $0.35 | $0.65 | 5.7% | -43.1% |
| Free Cash Flow | -$3M | -$5M | -$17M | 46.2% | 84.7% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | -$741.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $6M |
| Interest Income | -$323.0K |
| Interest Expense | $664.0K |
| Other Income/Expenses | -$516.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| 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 | $954.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | -$741.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $6M |
| Interest Income | -$323.0K |
| Interest Expense | $664.0K |
| Other Income/Expenses | -$516.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| 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 | $954.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $954.0K |
| Stock-Based Compensation | $710.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$983.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$983.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $13M |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $120.0K |
| Other Non-Current Assets | $230.0K |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $132M |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $212.0K |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $890.0K |
| Additional Paid-In Capital | $119M |
| Retained Earnings | -$6M |
| Treasury Stock | -$77M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $132M |
| Total Debt | $42M |
| Net Debt | $37M |
