| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $91M | $77M | -32.1% | -19.4% |
| Op. Income | -$19M | $17M | $24M | -207.5% | -178.9% |
| Gross Margin | 31.1% | 57.8% | 76.0% | -26.7pp | -44.9pp |
| Net Margin | -40.9% | 17.8% | 27.6% | -58.7pp | -68.5pp |
| EPS (Diluted) | $-0.58 | $0.37 | $0.48 | -256.8% | -220.8% |
| Free Cash Flow | $14M | $29M | $15M | -52.4% | -9.0% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $38M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$19M |
| Interest Income | $84M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $3M |
| EBIT | -$19M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $939.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90.0K |
| Sales/Maturities of Investments | $377M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $385M |
| Net Debt Issuance | -$129.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $351M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $529M |
| Short-Term Investments | $547M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $95M |
| Goodwill | $155M |
| Intangible Assets | $14M |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $248M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $22M |
| Short-Term Debt | $136M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $900M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $499M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $356M |
| Retained Earnings | $429M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $1.0B |
| Net Debt | $507M |
