| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.1B | $2.2B | 66.3% | -19.4% |
| Op. Income | $55M | -$15M | $46M | 475.5% | 19.5% |
| Gross Margin | 23.4% | 26.1% | 22.4% | -2.8pp | 0.9pp |
| Net Margin | 3.5% | -0.3% | 2.2% | 3.8pp | 1.4pp |
| EPS (Diluted) | $0.21 | $-0.01 | $0.16 | 2158.8% | 31.2% |
| Free Cash Flow | -$19M | $11M | $327M | -268.5% | -105.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $419M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $359M |
| Other Expenses | $5M |
| Operating Expenses | $364M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $55M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $19M |
| EBIT | $60M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $419M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $359M |
| Other Expenses | $5M |
| Operating Expenses | $364M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $55M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $19M |
| EBIT | $60M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$110M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$28M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $922M |
| Short-Term Investments | $278M |
| Net Receivables | $91M |
| Inventory | $633M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $651M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $735M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $324M |
| Short-Term Debt | $11M |
| Deferred Revenue | $129M |
| Other Current Liabilities | $210M |
| TOTAL CURRENT LIABILITIES | $935M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $436M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$213M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $603M |
| Net Debt | -$319M |
