| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $92M | $74M | 13.1% | 40.3% |
| Op. Income | $369.0K | $6M | $6M | -93.4% | -94.0% |
| Gross Margin | 28.8% | 35.2% | 31.1% | -6.3pp | -2.2pp |
| Net Margin | -4.4% | 1.2% | -0.9% | -5.6pp | -3.5pp |
| EPS (Diluted) | $-1.44 | $0.33 | $-0.21 | -536.4% | -585.7% |
| Free Cash Flow | -$7M | $11M | -$88.0K | -158.0% | -7302.3% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $369.0K |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $109.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $7M |
| EBIT | -$481.0K |
| EBITDA | $7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11.0K |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $87.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51.0K |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $762.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $131M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $183M |
| PP&E (Net) | $135M |
| Goodwill | $76M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $422M |
| Account Payables | $27M |
| Short-Term Debt | $27M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $224M |
| TOTAL LIABILITIES | $322M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $39M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $422M |
| Total Debt | $245M |
| Net Debt | $240M |
