| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $30M | $3M | 43.3% | 1329.7% |
| Op. Income | $16M | -$19M | -$50M | 182.9% | 131.8% |
| Gross Margin | 69.4% | 0.7% | 100.0% | 68.6pp | -30.6pp |
| Net Margin | 25.9% | -61.4% | -1699.9% | 87.3pp | 1725.8pp |
| EPS (Diluted) | $0.04 | $-0.07 | $-0.21 | 154.9% | 118.4% |
| Free Cash Flow | -$144M | -$25M | -$27M | -486.7% | -436.1% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | -$8M |
| Operating Expenses | $14M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $16M |
| Interest Income | $52.0K |
| Interest Expense | $486.0K |
| Other Income/Expenses | -$627.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $17M |
| EBIT | $16M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | -$8M |
| Operating Expenses | $14M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $16M |
| Interest Income | $52.0K |
| Interest Expense | $486.0K |
| Other Income/Expenses | -$627.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $17M |
| EBIT | $16M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$145M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$127M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $111M |
| NET CASH FROM INVESTING | $94M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$678.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $116M |
| FREE CASH FLOW | -$144M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $867.0K |
| Inventory | $33M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $282M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $411M |
| TOTAL ASSETS | $566M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $296.0K |
| Additional Paid-In Capital | $628M |
| Retained Earnings | -$137M |
| Treasury Stock | -$5.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $491M |
| Minority Interest | $0 |
| TOTAL EQUITY | $491M |
| TOTAL LIABILITIES & EQUITY | $566M |
| Total Debt | $22M |
| Net Debt | -$64M |
