| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $187M | $196M | -48.5% | -50.9% |
| Op. Income | -$23M | $17M | $13M | -229.4% | -269.4% |
| Gross Margin | 29.5% | 41.5% | 34.9% | -12.0pp | -5.5pp |
| Net Margin | -16.6% | 7.9% | 4.9% | -24.5pp | -21.5pp |
| EPS (Diluted) | $-1.58 | $1.45 | $0.95 | -209.0% | -266.3% |
| Free Cash Flow | -$7M | $58M | $18M | -111.6% | -138.0% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $28M |
| R&D Expenses | $8M |
| Selling & Marketing | $31M |
| General & Administrative | $13M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$23M |
| Interest Income | $2M |
| Interest Expense | $38.0K |
| Other Income/Expenses | $453.0K |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $4M |
| EBIT | -$22M |
| EBITDA | -$18M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $304.0K |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $497.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $27M |
| Net Receivables | $43M |
| Inventory | $261M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $459M |
| PP&E (Net) | $145M |
| Goodwill | $11M |
| Intangible Assets | $8M |
| Long-Term Investments | $14M |
| Tax Assets | $18M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $223M |
| TOTAL ASSETS | $682M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $104M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $514.0K |
| Additional Paid-In Capital | $88M |
| Retained Earnings | $410M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $500M |
| Minority Interest | $0 |
| TOTAL EQUITY | $500M |
| TOTAL LIABILITIES & EQUITY | $682M |
| Total Debt | $52M |
| Net Debt | -$60M |
