| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | $228M | $265M | 8.5% | -6.8% |
| Op. Income | $303.0K | -$7M | -$4M | 104.1% | 106.9% |
| Gross Margin | 12.2% | 12.0% | 10.7% | 0.2pp | 1.5pp |
| Net Margin | -1.9% | -3.4% | -1.7% | 1.5pp | -0.1pp |
| EPS (Diluted) | $-0.09 | $-0.16 | $-0.32 | 41.1% | 70.6% |
| Free Cash Flow | -$6M | $49M | $39.0K | -111.7% | -14846.5% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $7M |
| SG&A Expenses | $27M |
| Other Expenses | $3M |
| Operating Expenses | $30M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $303.0K |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $216.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$825.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$825.0K |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$169.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $865.0K |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $147M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $261M |
| PP&E (Net) | $18M |
| Goodwill | $89M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $390M |
| Account Payables | $152M |
| Short-Term Debt | $134M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $150.0K |
| TOTAL CURRENT LIABILITIES | $301M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$7M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $80M |
| Minority Interest | $0 |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $390M |
| Total Debt | $156M |
| Net Debt | $155M |
