| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366M | $353M | $342M | 3.7% | 6.9% |
| Op. Income | -$26M | -$7M | $8M | -284.1% | -425.2% |
| Gross Margin | 38.5% | 37.2% | 44.5% | 1.3pp | -6.0pp |
| Net Margin | -6.4% | -1.8% | 1.7% | -4.7pp | -8.2pp |
| EPS (Diluted) | $-0.45 | $-0.12 | $0.11 | -275.0% | -509.1% |
| Free Cash Flow | -$55M | -$13M | $2M | -336.0% | -3039.0% |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $117M |
| SG&A Expenses | $168M |
| Other Expenses | -$906.0K |
| Operating Expenses | $167M |
| Cost & Expenses | $392M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $134.0K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $22M |
| EBIT | -$27M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | -$35M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $682M |
| Short-Term Investments | $34M |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $812M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $185M |
| Goodwill | $302M |
| Intangible Assets | $119M |
| Long-Term Investments | $2.2B |
| Tax Assets | $117M |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $120M |
| Short-Term Debt | $61M |
| Deferred Revenue | $321M |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $376M |
| Retained Earnings | $770M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$287M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $859M |
| Minority Interest | $0 |
| TOTAL EQUITY | $859M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $67M |
| Net Debt | -$615M |
