| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $20M | $16M | 20.1% | 50.7% |
| Op. Income | $4M | $3M | $2M | 44.0% | 156.2% |
| Gross Margin | 27.9% | 26.1% | 22.9% | 1.8pp | 5.0pp |
| Net Margin | 13.4% | 10.1% | 8.1% | 3.3pp | 5.3pp |
| EPS (Diluted) | $0.59 | $0.37 | $0.24 | 59.5% | 145.8% |
| Free Cash Flow | $2M | $998.0K | $1M | 83.8% | 49.8% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $4M |
| Interest Income | $22.0K |
| Interest Expense | $56.0K |
| Other Income/Expenses | -$4.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $694.0K |
| 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 | $702.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $4M |
| Interest Income | $22.0K |
| Interest Expense | $56.0K |
| Other Income/Expenses | -$4.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $694.0K |
| 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 | $702.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $702.0K |
| Stock-Based Compensation | $5.0K |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $153.0K |
| Change in Working Capital | -$138.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $22.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$131.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$131.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $444.0K |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $67M |
| Account Payables | $5M |
| Short-Term Debt | $664.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $26M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $33M |
| Treasury Stock | -$102.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $5M |
| Net Debt | -$4M |
