| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | — | $118M | — | 6.3% |
| Op. Income | -$14M | — | -$15M | — | 9.5% |
| Gross Margin | 38.5% | — | 36.3% | — | 2.3pp |
| Net Margin | -21.9% | — | -27.3% | — | 5.4pp |
| EPS (Diluted) | $-0.53 | — | $-0.63 | — | 15.9% |
| Free Cash Flow | -$17M | — | -$12M | — | -47.4% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $33M |
| SG&A Expenses | $49M |
| Other Expenses | $13M |
| Operating Expenses | $62M |
| Cost & Expenses | $139M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $13M |
| EBIT | -$13M |
| EBITDA | -$656.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$10M |
| 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 | -$327.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34.0K |
| NET CASH FROM FINANCING | -$361.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $5M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $526M |
| Goodwill | $42M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $587M |
| TOTAL ASSETS | $831M |
| Account Payables | $16M |
| Short-Term Debt | $47.0K |
| Deferred Revenue | $252M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $319M |
| Long-Term Debt | $622M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $626M |
| TOTAL LIABILITIES | $945M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | -$322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$152M |
| Minority Interest | $38M |
| TOTAL EQUITY | -$114M |
| TOTAL LIABILITIES & EQUITY | $831M |
| Total Debt | $624M |
| Net Debt | $467M |
