| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $88M | $79M | 6.6% | 18.0% |
| Op. Income | $3M | -$1M | $4M | 355.0% | -23.2% |
| Gross Margin | 65.2% | 64.0% | 64.1% | 1.2pp | 1.1pp |
| Net Margin | -4.2% | -11.2% | 2.7% | 6.9pp | -7.0pp |
| EPS (Diluted) | $-0.10 | $-0.24 | $0.05 | 59.7% | -281.6% |
| Free Cash Flow | $9M | $6M | -$3M | 54.8% | 408.9% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $61M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $3M |
| Interest Income | $398.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$591.0K |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | -$15.0K |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$742.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $4.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $84.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $82M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $281M |
| PP&E (Net) | $82M |
| Goodwill | $247M |
| Intangible Assets | $172M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $512M |
| TOTAL ASSETS | $792M |
| Account Payables | $13M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $306M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $453M |
| TOTAL LIABILITIES | $511M |
| Common Stock | $426.0K |
| Additional Paid-In Capital | $356M |
| Retained Earnings | -$48M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $282M |
| Minority Interest | $0 |
| TOTAL EQUITY | $282M |
| TOTAL LIABILITIES & EQUITY | $792M |
| Total Debt | $358M |
| Net Debt | $299M |
