| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $180M | $209M | 19.9% | 2.7% |
| Op. Income | $4M | -$6M | $7M | 165.5% | -46.9% |
| Gross Margin | 36.9% | 38.2% | 39.5% | -1.3pp | -2.7pp |
| Net Margin | 1.7% | -2.2% | 3.2% | 3.8pp | -1.5pp |
| EPS (Diluted) | $0.42 | $-0.47 | $0.81 | 189.4% | -48.1% |
| Free Cash Flow | $20M | -$8M | $26M | 364.0% | -22.4% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $75M |
| SG&A Expenses | $76M |
| Other Expenses | -$5M |
| Operating Expenses | $75M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $78.0K |
| Other Income/Expenses | $992.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $5M |
| EBIT | $5M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $75M |
| SG&A Expenses | $76M |
| Other Expenses | -$5M |
| Operating Expenses | $75M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $78.0K |
| Other Income/Expenses | $992.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $5M |
| EBIT | $5M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3.0K |
| NET CASH FROM FINANCING | -$3.0K |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $130M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $225M |
| PP&E (Net) | $288M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $69M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $358M |
| TOTAL ASSETS | $583M |
| Account Payables | $100M |
| Short-Term Debt | $46M |
| Deferred Revenue | $384.0K |
| Other Current Liabilities | -$29M |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $160.0K |
| Additional Paid-In Capital | $106M |
| Retained Earnings | $319M |
| Treasury Stock | -$267M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $583M |
| Total Debt | $235M |
| Net Debt | $155M |
