| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $137M | $130M | 9.5% | 15.5% |
| Op. Income | $62M | $45M | $12M | 37.0% | 424.7% |
| Gross Margin | 63.2% | 58.7% | 38.4% | 4.4pp | 24.8pp |
| Net Margin | 21.3% | 15.1% | -5.6% | 6.2pp | 26.9pp |
| EPS (Diluted) | $0.82 | $0.53 | $-0.21 | 54.7% | 490.5% |
| Free Cash Flow | $73M | $74M | $65M | -1.1% | 11.9% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $26M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $62M |
| Interest Income | $4M |
| Interest Expense | $19M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $35M |
| EBIT | $66M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $26M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $62M |
| Interest Income | $4M |
| Interest Expense | $19M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $35M |
| EBIT | $66M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$338.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$164.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239M |
| Short-Term Investments | $72M |
| Net Receivables | $180M |
| Inventory | $32M |
| Other Current Assets | $93.0K |
| TOTAL CURRENT ASSETS | $538M |
| PP&E (Net) | $22M |
| Goodwill | $134M |
| Intangible Assets | $422M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $606M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $9M |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $458M |
| Long-Term Debt | $484M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $490M |
| TOTAL LIABILITIES | $948M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $566M |
| Retained Earnings | -$233M |
| Treasury Stock | -$137M |
| Accum. Other Comp. Income | $14.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $674M |
| Net Debt | $435M |
