| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | — | $162M | — | -15.1% |
| Op. Income | $10M | — | $12M | — | -15.9% |
| Gross Margin | 16.4% | — | 11.5% | — | 4.8pp |
| Net Margin | 5.6% | — | 6.9% | — | -1.3pp |
| EPS (Diluted) | $1.04 | — | $1.58 | — | -34.2% |
| Free Cash Flow | -$5M | — | -$24M | — | 79.2% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $6M |
| SG&A Expenses | $11M |
| Other Expenses | $749.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $540.0K |
| Other Income/Expenses | -$104.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $771.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $6M |
| SG&A Expenses | $11M |
| Other Expenses | $749.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $540.0K |
| Other Income/Expenses | -$104.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $771.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $771.0K |
| Stock-Based Compensation | $78.0K |
| Deferred Income Tax | -$17.0K |
| Other Non-Cash Items | -$536.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$450.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0K |
| NET CASH FROM INVESTING | -$452.0K |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$148.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $972.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $101M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $156M |
| PP&E (Net) | $55M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $432.0K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $211M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $98.0K |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $88M |
| Common Stock | $9M |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $87M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $211M |
| Total Debt | $41M |
| Net Debt | $36M |
