| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $222M | $282M | 25.5% | -0.9% |
| Op. Income | $20M | $2M | $8M | 750.1% | 141.1% |
| Gross Margin | 36.2% | 35.2% | 34.3% | 1.0pp | 1.9pp |
| Net Margin | 5.3% | 0.5% | -11.9% | 4.8pp | 17.2pp |
| EPS (Diluted) | $0.78 | $0.06 | $-1.73 | 1170.4% | 145.1% |
| Free Cash Flow | $50M | -$10M | $34M | 592.9% | 48.2% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $20M |
| Interest Income | $742.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$173.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $0 |
| Operating Expenses | $81M |
| Cost & Expenses | $259M |
| OPERATING INCOME | $20M |
| Interest Income | $742.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$173.0K |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$285.0K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $35M |
| Net Receivables | $13M |
| Inventory | $147M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $322M |
| PP&E (Net) | $263M |
| Goodwill | $15M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $312M |
| TOTAL ASSETS | $635M |
| Account Payables | $49M |
| Short-Term Debt | $56M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $306M |
| Common Stock | $204M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $149M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $329M |
| Minority Interest | $0 |
| TOTAL EQUITY | $329M |
| TOTAL LIABILITIES & EQUITY | $635M |
| Total Debt | $200M |
| Net Debt | $87M |
