| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $294M | $258M | 2.9% | 17.6% |
| Op. Income | $29M | $19M | -$23M | 50.2% | 226.5% |
| Gross Margin | 16.5% | 15.5% | -1.7% | 1.0pp | 18.2pp |
| Net Margin | 6.1% | 3.2% | -9.0% | 3.0pp | 15.1pp |
| EPS (Diluted) | $0.58 | $0.29 | $-0.70 | 100.0% | 182.9% |
| Free Cash Flow | $34M | $37M | $28M | -8.4% | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $274M |
| OPERATING INCOME | $29M |
| Interest Income | $746.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $274M |
| OPERATING INCOME | $29M |
| Interest Income | $746.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$319.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $135M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $96M |
| Goodwill | $19M |
| Intangible Assets | $45M |
| Long-Term Investments | $18M |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $182M |
| TOTAL ASSETS | $418M |
| Account Payables | $137M |
| Short-Term Debt | $20M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $60M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $111M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $378M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $178M |
| Retained Earnings | -$56M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $418M |
| Total Debt | $132M |
| Net Debt | $53M |
