| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $39M | $30M | 1.1% | 34.2% |
| Op. Income | $2M | $1M | -$226.0K | 55.8% | 1027.9% |
| Gross Margin | 34.0% | 31.7% | 32.8% | 2.4pp | 1.2pp |
| Net Margin | 3.4% | 0.7% | -2.6% | 2.7pp | 6.0pp |
| EPS (Diluted) | $0.18 | $0.04 | $-0.10 | 350.0% | 280.0% |
| Free Cash Flow | $5M | -$4M | -$3M | 222.1% | 264.5% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $14M |
| R&D Expenses | $2M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $592.0K |
| Other Income/Expenses | -$368.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $366.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $14M |
| R&D Expenses | $2M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $592.0K |
| Other Income/Expenses | -$368.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $366.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $313.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$7.0K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$488.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$550.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $51M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $80M |
| PP&E (Net) | $15M |
| Goodwill | $15M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $139M |
| Account Payables | $8M |
| Short-Term Debt | $18M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $674.0K |
| Deferred Tax Liabilities | $167.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $534.0K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $59M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $139M |
| Total Debt | $30M |
| Net Debt | $26M |
