| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $109M | $81M | 11.8% | 49.8% |
| Op. Income | $9M | $4M | $3M | 120.3% | 232.1% |
| Gross Margin | 59.2% | 55.9% | 59.0% | 3.3pp | 0.2pp |
| Net Margin | 5.6% | 3.9% | 5.0% | 1.8pp | 0.7pp |
| EPS (Diluted) | $0.19 | $0.12 | $0.12 | 58.3% | 58.3% |
| Free Cash Flow | $6M | -$41M | -$34M | 114.6% | 118.1% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $72M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $9M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $132.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $11M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $72M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $9M |
| Interest Income | $3M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $132.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $11M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $0 |
| Net Receivables | $98M |
| Inventory | $47M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $497M |
| PP&E (Net) | $292M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $708.0K |
| TOTAL NON-CURRENT ASSETS | $307M |
| TOTAL ASSETS | $804M |
| Account Payables | $10M |
| Short-Term Debt | $3M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $509M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $516M |
| TOTAL LIABILITIES | $575M |
| Common Stock | $697M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$468M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$364.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $229M |
| Minority Interest | $0 |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $804M |
| Total Debt | $518M |
| Net Debt | $182M |
