| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $95M | $126M | -12.1% | -33.7% |
| Op. Income | $21M | $28M | $46M | -25.7% | -55.0% |
| Gross Margin | 44.2% | 47.5% | 49.3% | -3.2pp | -5.1pp |
| Net Margin | 14.9% | 21.0% | 30.0% | -6.1pp | -15.0pp |
| EPS (Diluted) | $0.12 | $0.20 | $0.29 | -40.0% | -58.6% |
| Free Cash Flow | $30M | $24M | $31M | 27.7% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $4M |
| Operating Expenses | $16M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $17M |
| EBIT | $22M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $4M |
| Operating Expenses | $16M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $17M |
| EBIT | $22M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$786.0K |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$363.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $861.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$472.0K |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$111.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $381M |
| Goodwill | $41M |
| Intangible Assets | $53M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $476M |
| TOTAL ASSETS | $726M |
| Account Payables | $16M |
| Short-Term Debt | $180M |
| Deferred Revenue | $699.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $536.0K |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $305M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $149M |
| Retained Earnings | $332M |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421M |
| Minority Interest | $9.0K |
| TOTAL EQUITY | $421M |
| TOTAL LIABILITIES & EQUITY | $726M |
| Total Debt | $210M |
| Net Debt | $19M |
