| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $25M | $28M | 11.0% | -1.0% |
| Op. Income | $282.0K | -$933.0K | -$457.0K | 130.2% | 161.7% |
| Gross Margin | 53.1% | 58.1% | 55.7% | -5.0pp | -2.6pp |
| Net Margin | -6.5% | -4.9% | -5.9% | -1.6pp | -0.6pp |
| EPS (Diluted) | $-0.43 | $-0.29 | $-0.40 | -46.9% | -7.6% |
| Free Cash Flow | $3M | $4M | $2M | -18.1% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $15M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $282.0K |
| Interest Income | $0 |
| Interest Expense | $794.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $715.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2M |
| EBIT | -$309.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $244.0K |
| Other Non-Cash Items | $333.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$512.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $512.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$481.0K |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $25M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $9M |
| Goodwill | $57M |
| Intangible Assets | $16M |
| Long-Term Investments | $4M |
| Tax Assets | $436.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $88M |
| TOTAL ASSETS | $137M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $776.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $434.0K |
| Additional Paid-In Capital | $232M |
| Retained Earnings | -$146M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $137M |
| Total Debt | $43M |
| Net Debt | $38M |
