| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $158M | $150M | -10.5% | -5.8% |
| Op. Income | $49M | $65M | $67M | -24.5% | -26.3% |
| Gross Margin | 44.6% | 50.5% | 49.9% | -5.9pp | -5.3pp |
| Net Margin | 25.3% | 18.7% | 41.8% | 6.6pp | -16.4pp |
| EPS (Diluted) | $0.36 | $0.29 | $0.63 | 24.1% | -42.9% |
| Free Cash Flow | -$34M | -$43M | $15M | 21.1% | -335.1% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $12M |
| EBIT | $49M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $12M |
| EBIT | $49M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$120M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | -$69.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | $22M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $319M |
| PP&E (Net) | $939M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $943M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $173M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $122M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $301M |
| TOTAL LIABILITIES | $394M |
| Common Stock | $1M |
| Additional Paid-In Capital | $908M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $868M |
| Minority Interest | $0 |
| TOTAL EQUITY | $868M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $178M |
| Net Debt | -$32M |
