| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $234M | $239M | $258M | -1.8% | -9.1% |
| Op. Income | $22M | $22M | $24M | -1.3% | -11.8% |
| Gross Margin | 23.4% | 20.9% | 21.8% | 2.5pp | 1.6pp |
| Net Margin | 6.3% | 6.6% | 6.8% | -0.3pp | -0.5pp |
| EPS (Diluted) | $1.26 | $1.35 | $1.50 | -6.7% | -16.0% |
| Free Cash Flow | $47M | -$3M | $27M | 1826.6% | 73.0% |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $15M |
| SG&A Expenses | $33M |
| Other Expenses | -$237.0K |
| Operating Expenses | $33M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $331.0K |
| Other Income/Expenses | -$916.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| 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 | $21M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $15M |
| SG&A Expenses | $33M |
| Other Expenses | -$237.0K |
| Operating Expenses | $33M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $331.0K |
| Other Income/Expenses | -$916.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| 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 | $21M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $337.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $173M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $254M |
| PP&E (Net) | $127M |
| Goodwill | $12M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $425M |
| Account Payables | $43M |
| Short-Term Debt | $957.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $133M |
| Common Stock | $117.0K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | $162M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$204.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $0 |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $425M |
| Total Debt | $13M |
| Net Debt | $11M |
