| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $94M | $83M | 4.0% | 17.1% |
| Op. Income | $25M | $3M | -$4M | 698.0% | 755.6% |
| Gross Margin | 64.6% | 65.2% | 64.6% | -0.6pp | 0.1pp |
| Net Margin | 7.7% | -4.2% | -16.3% | 12.0pp | 24.0pp |
| EPS (Diluted) | $0.18 | $-0.10 | $-0.33 | 286.0% | 154.5% |
| Free Cash Flow | -$9M | $9M | -$9M | -202.2% | -1.2% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $63M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $25M |
| Interest Income | $374.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$938.0K |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $63M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $25M |
| Interest Income | $374.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$938.0K |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $737.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $82M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $277M |
| PP&E (Net) | $80M |
| Goodwill | $245M |
| Intangible Assets | $168M |
| Long-Term Investments | $0 |
| Tax Assets | $668.0K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $507M |
| TOTAL ASSETS | $784M |
| Account Payables | $10M |
| Short-Term Debt | $270.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $313M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $443M |
| TOTAL LIABILITIES | $489M |
| Common Stock | $432.0K |
| Additional Paid-In Capital | $363M |
| Retained Earnings | -$40M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $784M |
| Total Debt | $363M |
| Net Debt | $311M |
