| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $118M | $132M | -3.3% | -13.9% |
| Op. Income | $19M | -$64M | $5M | 130.6% | 300.5% |
| Gross Margin | 19.6% | 54.5% | 38.5% | -34.9pp | -18.9pp |
| Net Margin | -3.0% | -86.2% | 38.2% | 83.2pp | -41.2pp |
| EPS (Diluted) | $-0.05 | $-1.99 | $0.74 | 97.5% | -106.7% |
| Free Cash Flow | $4M | $24M | $4M | -81.1% | 22.8% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $2M |
| SG&A Expenses | $12M |
| Other Expenses | -$9M |
| Operating Expenses | $3M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $57M |
| EBIT | $19M |
| EBITDA | $76M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$37.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37.3K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $10M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $688M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $50M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $738M |
| TOTAL ASSETS | $858M |
| Account Payables | $5M |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $254M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $116M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $385M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $508M |
| Minority Interest | $0 |
| TOTAL EQUITY | $508M |
| TOTAL LIABILITIES & EQUITY | $858M |
| Total Debt | $285M |
| Net Debt | $205M |
