| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $165M | $126M | 2.7% | 33.9% |
| Op. Income | $4M | $5M | $2M | -16.3% | 75.2% |
| Gross Margin | 8.2% | 8.7% | 9.3% | -0.5pp | -1.1pp |
| Net Margin | 0.6% | 1.2% | 0.8% | -0.6pp | -0.1pp |
| EPS (Diluted) | $0.10 | $0.18 | $0.09 | -46.3% | 10.5% |
| Free Cash Flow | $884.0K | -$8M | $4M | 110.9% | -77.9% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $14M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $219.0K |
| 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 | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $14M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $219.0K |
| 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 | $4M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $76.0K |
| Deferred Income Tax | -$354.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$245.0K |
| NET CASH FROM FINANCING | $945.0K |
| FREE CASH FLOW | $884.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $181M |
| Inventory | $138M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $69M |
| TOTAL ASSETS | $418M |
| Account Payables | $116M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $122M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $274.0K |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $288M |
| Common Stock | $48M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$97.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $418M |
| Total Debt | $135M |
| Net Debt | $131M |
