| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | $209M | $227M | -1.6% | -9.5% |
| Op. Income | $11M | $9M | $24M | 17.2% | -55.1% |
| Gross Margin | 32.6% | 32.0% | 34.3% | 0.6pp | -1.7pp |
| Net Margin | -24.3% | 0.7% | 14.0% | -25.0pp | -38.3pp |
| EPS (Diluted) | $-1.23 | $0.03 | $0.63 | -3717.6% | -295.2% |
| Free Cash Flow | $20M | $3M | $42M | 503.0% | -52.3% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $139M |
| GROSS PROFIT | $67M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $11M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$400.0K |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $800.0K |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169M |
| Short-Term Investments | $32M |
| Net Receivables | $158M |
| Inventory | $265M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $182M |
| Goodwill | $291M |
| Intangible Assets | $16M |
| Long-Term Investments | $27M |
| Tax Assets | $5M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $567M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $59M |
| Short-Term Debt | $46M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $397M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $472M |
| TOTAL LIABILITIES | $668M |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $467M |
| Retained Earnings | $70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $535M |
| Minority Interest | $14M |
| TOTAL EQUITY | $549M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $470M |
| Net Debt | $302M |
