| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | — | $173M | — | 2.3% |
| Op. Income | -$11M | — | -$12M | — | 11.4% |
| Gross Margin | 16.1% | — | 13.7% | — | 2.4pp |
| Net Margin | -6.3% | — | -7.4% | — | 1.0pp |
| EPS (Diluted) | $-0.08 | — | $-0.09 | — | 8.4% |
| Free Cash Flow | $9M | — | -$15M | — | 161.4% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $29M |
| SG&A Expenses | $35M |
| Other Expenses | $4M |
| Operating Expenses | $39M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $291.0K |
| Other Income/Expenses | -$547.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $506.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $4M |
| EBIT | -$11M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $46M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $14.0K |
| TOTAL CURRENT ASSETS | $173M |
| PP&E (Net) | $221M |
| Goodwill | $140M |
| Intangible Assets | $5M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $375M |
| TOTAL ASSETS | $548M |
| Account Payables | $55M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $248M |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | -$68M |
| Treasury Stock | -$179.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $269M |
| Minority Interest | $31M |
| TOTAL EQUITY | $300M |
| TOTAL LIABILITIES & EQUITY | $548M |
| Total Debt | $113M |
| Net Debt | $56M |
