$307.26M
Revenue
$-63.90M
Net Income
-49.94%
Gross Margin
-20.30%
Op. Margin
$-97.52M
Free Cash Flow
| Breakdown | Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $72.62M | $78.45M | $75.22M | $80.97M | $96.14M | $103.34M | $106.84M |
| Revenue Growth % (YoY) | -24.5% | -24.1% | -29.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $113.88M | $110.92M | $111.75M | $124.16M | $158.36M | $170.39M | $168.03M |
| Gross Profit | $-41.26M | $-32.48M | $-36.52M | $-43.19M | $-62.23M | $-67.05M | $-61.19M |
| Gross Margin % | -56.8% | -41.4% | -48.6% | -53.3% | -64.7% | -64.9% | -57.3% |
| Operating Expenses | $92.36M | $89.71M | $89.79M | $97.78M | $111.01M | $112.92M | $116.51M |
| Selling General & Admin | $32.74M | $34.25M | $33.31M | $35.41M | $33.97M | $34.12M | $34.31M |
| Operating Income | $-19.74M | $-11.26M | $-14.57M | $-16.82M | $-14.87M | $-9.59M | $-9.67M |
| Operating Margin % | -27.2% | -14.4% | -19.4% | -20.8% | -15.5% | -9.3% | -9.1% |
| Interest Expense | $942.00K | $686.00K | $639.00K | $869.00K | $897.00K | $810.00K | $700.00K |
| Other Income/Expense | $1.73M | $-419.00K | $489.00K | $945.00K | $-15.00K | $1.16M | $716.00K |
| Income Before Tax | $-16.71M | $-12.71M | $-12.17M | $-15.36M | $-15.09M | $-7.14M | $-8.69M |
| Income Tax Expense | $14.77M | $-2.02M | $-2.36M | $-2.71M | $-1.83M | $-606.00K | $-1.29M |
| Net Income | $-30.97M | $-9.91M | $-9.98M | $-13.04M | $-12.88M | $-7.83M | $-8.00M |
| Net Margin % | -42.6% | -12.6% | -13.3% | -16.1% | -13.4% | -7.6% | -7.5% |
| Basic EPS | -2.25 | -0.74 | -0.74 | -0.94 | -0.89 | -0.55 | -0.56 |
| Diluted EPS | -2.25 | -0.74 | -0.74 | -0.94 | -0.88 | -0.55 | -0.56 |
| Basic Shares Outstanding | 53K | 13.4M | 13.6M | 13.9M | 57K | 14.4M | 14.4M |
| Diluted Shares Outstanding | 53K | 13.4M | 13.6M | 13.9M | 57K | 14.4M | 14.4M |
| Breakdown | Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $87.70M | $93.37M | $116.05M | $108.21M | $90.28M | $102.49M | $81.47M |
| Accounts Receivable | $16.09M | $18.40M | $16.50M | $20.41M | $18.34M | $20.10M | $20.79M |
| Inventory | $30.85M | $33.40M | $33.85M | $32.48M | $33.84M | $40.34M | $42.48M |
| Property Plant & Equipment | $36.46M | $38.83M | $40.26M | $40.65M | $40.69M | $38.56M | $39.42M |
| Goodwill | $49.65M | $49.65M | $49.65M | $49.65M | $49.65M | $49.61M | $52.29M |
| Intangible Assets | $24.26M | $24.94M | $25.58M | $26.23M | $26.84M | $27.48M | $28.12M |
| Total Assets | $603.01M | $642.10M | $645.65M | $657.89M | $674.24M | $681.00M | $673.73M |
| Total Liabilities | $294.41M | $301.75M | $296.84M | $297.35M | $302.69M | $291.72M | $268.87M |
| Retained Earnings | $-65.65M | $-34.68M | $-24.77M | $-14.79M | $-1.75M | $12.04M | $19.86M |
| Total Stockholders Equity | $245.58M | $278.05M | $286.19M | $299.30M | $311.54M | $329.38M | $336.32M |
| Total Liabilities & Equity | $603.01M | $642.10M | $645.65M | $657.89M | $674.24M | $681.00M | $673.73M |
| Breakdown | Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|---|
| Net Income | $-30.97M | $-9.91M | $-23.02M | $-13.04M | $-12.88M | $-7.83M | $-8.00M |
| Depreciation & Amortization | $3.26M | $8.20M | $5.45M | $2.54M | $2.48M | $8.54M | $6.28M |
| Stock-based Compensation | $962.00K | $4.77M | $3.10M | $1.69M | $1.41M | $3.98M | $2.40M |
| Change in Receivables | $-2.31M | $59.00K | $-1.84M | $2.07M | $-1.82M | $-283.00K | $416.00K |
| Change in Inventory | $-2.09M | $-534.00K | $498.00K | $-901.00K | $-6.12M | $-8.92M | $-6.11M |
| Change in Payables | $-7.74M | $-6.02M | $-11.65M | $-9.87M | $-13.40M | $9.77M | $-13.02M |
| Operating Cash Flow | $-4.60M | $-29.37M | $-21.77M | $-28.86M | $-16.65M | $5.42M | $-7.94M |
| Capital Expenditure | $2.21M | $5.00M | $3.96M | $1.75M | $4.18M | $10.93M | $9.06M |
| Acquisitions | - | - | - | - | - | $3.98M | $3.94M |
| Investing Cash Flow | $-4.43M | $19.57M | $39.69M | $38.98M | $-6.53M | $-8.59M | $-22.11M |
| Debt Repayment | $4.00M | $9.22M | $8.27M | $4.54M | $4.25M | $5.32M | $7.43M |
| Stock Repurchased | - | $4.38M | $4.38M | - | - | - | - |
| Financing Cash Flow | $2.75M | $21.59M | $12.27M | $11.29M | $10.21M | $-606.00K | $-55.00K |
| Net Change in Cash | $-6.28M | $11.79M | $30.19M | $21.41M | $-12.98M | $-3.77M | $-30.11M |
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing
Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $78.45M | $103.34M | $234.64M | $305.12M |
| Operating Expenses | $89.71M | $112.92M | $277.28M | $335.46M |
| Selling General & Admin | $34.25M | $34.12M | $102.97M | $102.14M |
| Operating Income | $-11.26M | $-9.59M | $-42.65M | $-30.34M |
| Interest Expense | $686.00K | $810.00K | $2.19M | $2.25M |
| Other Income/Expense | $-419.00K | $1.16M | $1.01M | $4.04M |
| Income Before Tax | $-12.71M | $-7.14M | $-40.24M | $-6.64M |
| Income Tax Expense | $-2.02M | $-606.00K | $-7.09M | $-231.00K |
| Net Income | $-9.91M | $-7.83M | $-32.92M | $-7.92M |
| Basic EPS | -0.74 | -0.55 | -2.42 | -0.55 |
| Diluted EPS | -0.74 | -0.55 | -2.42 | -0.56 |
| Basic Shares Outstanding | $13.40M | $14.35M | $13.62M | $14.35M |
| Diluted Shares Outstanding | $13.40M | $14.35M | $13.62M | $14.35M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
| Cash & Cash Equivalents | $93.37M | $90.28M |
| Accounts Receivable | $18.40M | $18.34M |
| Inventory | $33.40M | $33.84M |
| Property Plant & Equipment | $38.83M | $40.69M |
| Goodwill | $49.65M | $49.65M |
| Intangible Assets | $24.94M | $26.84M |
| Total Assets | $642.10M | $674.24M |
| Total Liabilities | $301.75M | $302.69M |
| Retained Earnings | $-34.68M | $-1.75M |
| Total Stockholders Equity | $278.05M | $311.54M |
| Total Liabilities & Equity | $642.10M | $674.24M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-9.91M | $-7.83M | $-32.92M | $-7.92M |
| Depreciation & Amortization | - | - | $8.20M | $8.54M |
| Stock-based Compensation | - | - | $4.77M | $3.98M |
| Change in Receivables | - | - | $59.00K | $-283.00K |
| Change in Inventory | - | - | $-534.00K | $-8.92M |
| Change in Payables | - | - | $-6.02M | $9.77M |
| Operating Cash Flow | - | - | $-29.37M | $5.42M |
| Capital Expenditure | - | - | $5.00M | $10.93M |
| Acquisitions | - | - | - | $3.98M |
| Investing Cash Flow | - | - | $19.57M | $-8.59M |
| Debt Repayment | - | - | $9.22M | $5.32M |
| Stock Repurchased | - | - | $4.38M | - |
| Financing Cash Flow | - | - | $21.59M | $-606.00K |
| Net Change in Cash | - | - | $11.79M | $-3.77M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.