| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $211M | $220M | $281M | -4.4% | -24.9% |
| Op. Income | $17M | $21M | $31M | -21.4% | -46.9% |
| Gross Margin | 62.4% | 60.8% | 57.0% | 1.5pp | 5.4pp |
| Net Margin | 7.1% | 7.8% | 8.5% | -0.7pp | -1.3pp |
| EPS (Diluted) | $0.90 | $1.02 | $1.42 | -11.8% | -36.6% |
| Free Cash Flow | $11M | $33M | $7M | -66.5% | 71.1% |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $211M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $115M |
| Other Expenses | $0 |
| Operating Expenses | $115M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $17M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$77.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $94M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $374M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $403M |
| TOTAL ASSETS | $654M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $346M |
| Common Stock | $32M |
| Additional Paid-In Capital | $113M |
| Retained Earnings | $419M |
| Treasury Stock | -$255M |
| Accum. Other Comp. Income | -$983.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $654M |
| Total Debt | $218M |
| Net Debt | $97M |
