| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $101M | $73M | -3.6% | 34.5% |
| Op. Income | $7M | $171.0K | $4M | 3887.7% | 73.9% |
| Gross Margin | 19.2% | 21.9% | 21.3% | -2.7pp | -2.1pp |
| Net Margin | 2.2% | -2.6% | 2.1% | 4.8pp | 0.1pp |
| EPS (Diluted) | $0.15 | $-0.19 | $0.11 | 178.9% | 36.4% |
| Free Cash Flow | $5M | $16M | $8M | -69.4% | -35.5% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $620.0K |
| Deferred Income Tax | -$6.0K |
| Other Non-Cash Items | $642.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$174.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$174.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$669.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$84.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131.0K |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $11M |
| Goodwill | $138M |
| Intangible Assets | $121M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $185.0K |
| TOTAL NON-CURRENT ASSETS | $273M |
| TOTAL ASSETS | $331M |
| Account Payables | $9M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $152M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $168M |
| TOTAL LIABILITIES | $227M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $331M |
| Total Debt | $186M |
| Net Debt | $186M |
