| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $108M | $145M | 38.8% | 2.9% |
| Op. Income | $26M | $10M | $26M | 155.7% | -1.7% |
| Gross Margin | 56.4% | 52.7% | 55.0% | 3.8pp | 1.4pp |
| Net Margin | 14.9% | 7.1% | 14.1% | 7.9pp | 0.8pp |
| EPS (Diluted) | $1.57 | $0.53 | $1.39 | 196.2% | 12.9% |
| Free Cash Flow | $24M | -$4M | $29M | 701.1% | -16.3% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $34M |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $26M |
| Interest Income | $405.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $405.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $34M |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $26M |
| Interest Income | $405.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $405.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | -$403.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$48.0K |
| Other Financing Activities | $458.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $63M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $129M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $145M |
| TOTAL ASSETS | $272M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $84M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $130M |
| Minority Interest | $0 |
| TOTAL EQUITY | $130M |
| TOTAL LIABILITIES & EQUITY | $272M |
| Total Debt | $84M |
| Net Debt | $39M |
