| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $187M | $147M | $105M | 27.9% | 78.2% |
| Op. Income | $8M | $23M | $2M | -65.5% | 268.0% |
| Gross Margin | 68.9% | 67.4% | 64.2% | 1.5pp | 4.7pp |
| Net Margin | 8.7% | 13.0% | 1.5% | -4.4pp | 7.2pp |
| EPS (Diluted) | $0.29 | $0.34 | $0.03 | -14.7% | 866.7% |
| Free Cash Flow | $33M | $25M | $11M | 31.2% | 186.1% |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | $0 |
| Operating Expenses | $121M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $106.0K |
| Other Income/Expenses | $214.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $16M |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $121M |
| Other Expenses | $0 |
| Operating Expenses | $121M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $106.0K |
| Other Income/Expenses | $214.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $16M |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $6M |
| EBIT | $10M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $255.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$76.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$76.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | $951.0K |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $81M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $303M |
| PP&E (Net) | $8M |
| Goodwill | $172M |
| Intangible Assets | $78M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $292M |
| TOTAL ASSETS | $596M |
| Account Payables | $31M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $784.0K |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $185M |
| Common Stock | $535.0K |
| Additional Paid-In Capital | $832M |
| Retained Earnings | -$422M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $411M |
| Minority Interest | $0 |
| TOTAL EQUITY | $411M |
| TOTAL LIABILITIES & EQUITY | $596M |
| Total Debt | $82M |
| Net Debt | -$39M |
