| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $140M | $156M | 7.4% | -3.8% |
| Op. Income | -$10M | -$25M | $6M | 61.1% | -271.0% |
| Gross Margin | 46.3% | 40.8% | 36.8% | 5.6pp | 9.5pp |
| Net Margin | -27.9% | -19.0% | -9.6% | -8.9pp | -18.3pp |
| EPS (Diluted) | $-0.59 | $-0.37 | $-0.22 | -59.5% | -168.2% |
| Free Cash Flow | $3M | -$7M | -$12M | 142.4% | 122.7% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $70M |
| R&D Expenses | $25M |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $160M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | -$41M |
| Income Tax Expense | $653.0K |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$42M |
| D&A | $10M |
| EBIT | -$10M |
| EBITDA | $570.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$81M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | -$129.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$204.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $81M |
| Net Receivables | $153M |
| Inventory | $180M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $513M |
| PP&E (Net) | $217M |
| Goodwill | $99M |
| Intangible Assets | $106M |
| Long-Term Investments | $80M |
| Tax Assets | $962.0K |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $517M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $46M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $507.0K |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $237M |
| Common Stock | $202.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$2.3B |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $793M |
| Minority Interest | $0 |
| TOTAL EQUITY | $793M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $32M |
| Net Debt | -$38M |
