| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | — | $123M | — | -14.6% |
| Op. Income | $11M | — | $17M | — | -37.4% |
| Gross Margin | 33.2% | — | 36.1% | — | -2.8pp |
| Net Margin | -0.7% | — | 4.9% | — | -5.6pp |
| EPS (Diluted) | $-0.01 | — | $0.04 | — | -112.5% |
| Free Cash Flow | $22M | — | $19M | — | 15.0% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $17M |
| SG&A Expenses | $25M |
| Other Expenses | -$894.9K |
| Operating Expenses | $24M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $11M |
| Interest Income | $311.1K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$767.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$767.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$767.6K |
| D&A | $4M |
| EBIT | $11M |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$767.6K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$551.6K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $637.4K |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $184M |
| PP&E (Net) | $16M |
| Goodwill | $281M |
| Intangible Assets | $56M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $364M |
| TOTAL ASSETS | $547M |
| Account Payables | $7M |
| Short-Term Debt | $23M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $124M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $263M |
| Common Stock | $7.5K |
| Additional Paid-In Capital | $198M |
| Retained Earnings | $71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $0 |
| TOTAL EQUITY | $284M |
| TOTAL LIABILITIES & EQUITY | $547M |
| Total Debt | $156M |
| Net Debt | $113M |
