| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $86M | $87M | 2.8% | 1.6% |
| Op. Income | -$8M | -$53M | $11M | 84.0% | -174.4% |
| Gross Margin | 61.3% | 58.1% | 63.3% | 3.2pp | -2.0pp |
| Net Margin | -14.2% | -57.2% | 10.6% | 43.1pp | -24.7pp |
| EPS (Diluted) | $-0.08 | $-0.31 | $0.06 | 74.8% | -235.6% |
| Free Cash Flow | $22M | $31M | $32M | -27.8% | -30.5% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $54M |
| R&D Expenses | $8M |
| Selling & Marketing | $9M |
| General & Administrative | $34M |
| SG&A Expenses | $42M |
| Other Expenses | $12M |
| Operating Expenses | $62M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $72.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $15M |
| EBIT | -$7M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$878.0K |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$755.0K |
| Common Stock Repurchased | -$497.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $235M |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $12M |
| Goodwill | $716M |
| Intangible Assets | $487M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $288M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $386M |
| TOTAL LIABILITIES | $516M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$116M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $303M |
| Net Debt | $68M |
