| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $40M | $32M | 1.4% | 28.9% |
| Op. Income | $4M | $3M | $2M | 19.4% | 124.0% |
| Gross Margin | 23.1% | 21.0% | 21.9% | 2.1pp | 1.2pp |
| Net Margin | 8.7% | 7.1% | 1.2% | 1.6pp | 7.5pp |
| EPS (Diluted) | $0.33 | $0.26 | $0.04 | 26.9% | 691.4% |
| Free Cash Flow | -$2M | $1M | -$795.0K | -313.8% | -214.3% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $9M |
| R&D Expenses | $302.0K |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $7.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$250.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $289.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $9M |
| R&D Expenses | $302.0K |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $7.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$250.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $289.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $185.0K |
| Deferred Income Tax | $208.0K |
| Other Non-Cash Items | -$148.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$961.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$31.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $69M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $3M |
| Tax Assets | $877.0K |
| Other Non-Current Assets | $959.0K |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $163M |
| Account Payables | $12M |
| Short-Term Debt | $6M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $353.0K |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $986.0K |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $0 |
| Additional Paid-In Capital | $90M |
| Retained Earnings | $24M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$76.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $163M |
| Total Debt | $20M |
| Net Debt | $13M |
