| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $112M | $109M | -5.4% | -2.9% |
| Op. Income | $12M | $13M | $12M | -10.0% | 1.4% |
| Gross Margin | 57.6% | 57.1% | 56.3% | 0.5pp | 1.3pp |
| Net Margin | -2.9% | 5.7% | 5.3% | -8.6pp | -8.2pp |
| EPS (Diluted) | $-0.08 | $0.17 | $0.16 | -149.7% | -152.8% |
| Free Cash Flow | $18M | $8M | $2M | 117.7% | 970.5% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $61M |
| R&D Expenses | $15M |
| Selling & Marketing | $20M |
| General & Administrative | $15M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$222.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $8M |
| EBIT | $2M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $46.0K |
| Change in Working Capital | $448.0K |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$292.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$292.0K |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $756.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$145.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $68M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $41M |
| Goodwill | $342M |
| Intangible Assets | $271M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $663M |
| TOTAL ASSETS | $829M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $31M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $427.0K |
| Additional Paid-In Capital | $407M |
| Retained Earnings | $222M |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $542M |
| Minority Interest | $0 |
| TOTAL EQUITY | $542M |
| TOTAL LIABILITIES & EQUITY | $829M |
| Total Debt | $211M |
| Net Debt | $180M |
