| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $294M | $294M | -4.7% | -4.8% |
| Op. Income | $26M | $4M | $26M | 551.1% | 0.3% |
| Gross Margin | 40.7% | 34.5% | 37.7% | 6.2pp | 3.0pp |
| Net Margin | 4.4% | -1.4% | 4.0% | 5.7pp | 0.3pp |
| EPS (Diluted) | $0.12 | $-0.04 | $0.11 | 406.9% | 9.1% |
| Free Cash Flow | $21M | -$2M | $6M | 1289.6% | 270.6% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $76M |
| SG&A Expenses | $89M |
| Other Expenses | -$110.0K |
| Operating Expenses | $88M |
| Cost & Expenses | $254M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| 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 | $21M |
| EBIT | $26M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $76M |
| SG&A Expenses | $89M |
| Other Expenses | -$110.0K |
| Operating Expenses | $88M |
| Cost & Expenses | $254M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| 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 | $21M |
| EBIT | $26M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$214.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $145M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $194M |
| PP&E (Net) | $252M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $285M |
| TOTAL ASSETS | $480M |
| Account Payables | $59M |
| Short-Term Debt | $16M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $234M |
| Long-Term Debt | $285M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $444M |
| TOTAL LIABILITIES | $678M |
| Common Stock | $1M |
| Additional Paid-In Capital | $136M |
| Retained Earnings | -$335M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$402.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$199M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$199M |
| TOTAL LIABILITIES & EQUITY | $480M |
| Total Debt | $488M |
| Net Debt | $468M |
