| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $159M | $167M | $147M | -5.1% | 7.6% |
| Op. Income | $7M | $10M | $6M | -33.2% | 24.0% |
| Gross Margin | 64.8% | 64.6% | 67.7% | 0.2pp | -2.9pp |
| Net Margin | 4.7% | 4.5% | 3.5% | 0.1pp | 1.2pp |
| EPS (Diluted) | $0.04 | $0.04 | $0.01 | 0.3% | 325.6% |
| Free Cash Flow | $14M | $19M | $16M | -27.4% | -12.6% |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $103M |
| R&D Expenses | $22M |
| Selling & Marketing | $46M |
| General & Administrative | $28M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $159M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $103M |
| R&D Expenses | $22M |
| Selling & Marketing | $46M |
| General & Administrative | $28M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $152M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $8M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$644.0K |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$8.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$587.0K |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $226M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $275M |
| PP&E (Net) | $57M |
| Goodwill | $63M |
| Intangible Assets | $14M |
| Long-Term Investments | $1M |
| Tax Assets | $29M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $172M |
| TOTAL ASSETS | $448M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $168M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $490.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $279M |
| Common Stock | $189.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$933M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $232.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $448M |
| Total Debt | $9M |
| Net Debt | -$217M |
