| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $94M | $100M | 54.8% | 46.8% |
| Op. Income | $23M | $6M | $8M | 264.8% | 180.3% |
| Gross Margin | 37.0% | 36.2% | 32.0% | 0.8pp | 5.0pp |
| Net Margin | 13.8% | 3.6% | 8.6% | 10.2pp | 5.2pp |
| EPS (Diluted) | $0.95 | $0.16 | $0.50 | 493.7% | 90.0% |
| Free Cash Flow | $13M | -$25M | $19M | 152.0% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $54M |
| R&D Expenses | $5M |
| Selling & Marketing | $16M |
| General & Administrative | $9M |
| SG&A Expenses | $25M |
| Other Expenses | $1M |
| Operating Expenses | $31M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$10.0K |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $23M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $54M |
| R&D Expenses | $5M |
| Selling & Marketing | $16M |
| General & Administrative | $9M |
| SG&A Expenses | $25M |
| Other Expenses | $1M |
| Operating Expenses | $31M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$10.0K |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $23M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$120.0K |
| Other Non-Cash Items | $663.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $352.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$808.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $71M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $188M |
| PP&E (Net) | $6M |
| Goodwill | $53M |
| Intangible Assets | $42M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $299M |
| Account Payables | $35M |
| Short-Term Debt | $51M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $178M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $121M |
| Minority Interest | $0 |
| TOTAL EQUITY | $121M |
| TOTAL LIABILITIES & EQUITY | $299M |
| Total Debt | $96M |
| Net Debt | $83M |
