| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $247M | $227M | $167M | 8.8% | 47.5% |
| Op. Income | -$400.0K | -$9M | -$12M | 95.3% | 96.6% |
| Gross Margin | 82.7% | 82.6% | 79.1% | 0.1pp | 3.6pp |
| Net Margin | 0.5% | -3.3% | -6.5% | 3.8pp | 7.0pp |
| EPS (Diluted) | $0.01 | $-0.04 | $-0.05 | 116.4% | 111.2% |
| Free Cash Flow | $11M | $19M | -$9M | -44.0% | 215.6% |
| Item | Amount |
|---|---|
| REVENUE | $247M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $204M |
| R&D Expenses | $13M |
| Selling & Marketing | $126M |
| General & Administrative | $32M |
| SG&A Expenses | $158M |
| Other Expenses | $33M |
| Operating Expenses | $204M |
| Cost & Expenses | $247M |
| OPERATING INCOME | -$400.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $951.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $3M |
| EBIT | -$400.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $17.0K |
| Other Non-Cash Items | -$588.0K |
| Change in Working Capital | $860.0K |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $124M |
| Net Receivables | $7M |
| Inventory | $22M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $46M |
| Goodwill | $111M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $947.0K |
| TOTAL NON-CURRENT ASSETS | $176M |
| TOTAL ASSETS | $441M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22.0K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $97M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $712M |
| Retained Earnings | -$368M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$124.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $344M |
| Minority Interest | $0 |
| TOTAL EQUITY | $344M |
| TOTAL LIABILITIES & EQUITY | $441M |
| Total Debt | $10M |
| Net Debt | -$87M |
