| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | $229M | — | 2.6% | — |
| Op. Income | -$14M | -$14M | — | 5.3% | — |
| Gross Margin | 18.7% | 19.3% | — | -0.6pp | — |
| Net Margin | -8.0% | -19.8% | — | 11.8pp | — |
| EPS (Diluted) | $-0.05 | $-0.13 | — | 58.5% | — |
| Free Cash Flow | -$51M | -$29M | — | -72.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $44M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $49M |
| Other Expenses | -$2M |
| Operating Expenses | $58M |
| Cost & Expenses | $249M |
| OPERATING INCOME | -$14M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.2K |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $0 |
| EBIT | -$24M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $609.1K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | -$16.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$51M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $597M |
| Short-Term Investments | $109M |
| Net Receivables | $259M |
| Inventory | $36M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $943M |
| Goodwill | $322M |
| Intangible Assets | $18M |
| Long-Term Investments | $166M |
| Tax Assets | $17M |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $157M |
| Short-Term Debt | $174M |
| Deferred Revenue | $126M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $543M |
| Long-Term Debt | $558M |
| Deferred Revenue NC | $182M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | -$178M |
| TOTAL NON-CURRENT LIABILITIES | $781M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $207M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$557M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $1.2K |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $953M |
| Net Debt | $356M |
