| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $324M | $289M | $341M | 12.3% | -4.8% |
| Op. Income | $3M | -$4M | $3M | 172.1% | 1.4% |
| Gross Margin | 31.8% | 31.2% | 30.3% | 0.6pp | 1.5pp |
| Net Margin | -0.1% | -2.0% | -0.4% | 1.9pp | 0.3pp |
| EPS (Diluted) | $-0.01 | $-0.16 | $-0.04 | 93.8% | 71.9% |
| Free Cash Flow | -$6M | $14M | $22M | -143.5% | -127.4% |
| Item | Amount |
|---|---|
| REVENUE | $324M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $100M |
| Other Expenses | $0 |
| Operating Expenses | $100M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$202.0K |
| Income Tax Expense | $162.0K |
| Net Income from Continuing Ops | -$364.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$364.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$364.0K |
| D&A | $10M |
| EBIT | $3M |
| EBITDA | $13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$364.0K |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $558.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$311.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $106.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $438M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $463M |
| PP&E (Net) | $496M |
| Goodwill | $1M |
| Intangible Assets | $282.0K |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $505M |
| TOTAL ASSETS | $968M |
| Account Payables | $113M |
| Short-Term Debt | $130M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $387M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $724M |
| Common Stock | $379.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $244M |
| Minority Interest | $0 |
| TOTAL EQUITY | $244M |
| TOTAL LIABILITIES & EQUITY | $968M |
| Total Debt | $516M |
| Net Debt | $514M |
