| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $272M | — | -21.1% | — |
| Op. Income | -$9M | -$20M | — | 53.3% | — |
| Gross Margin | 16.9% | 11.0% | — | 5.9pp | — |
| Net Margin | -2.6% | -3.9% | — | 1.3pp | — |
| EPS (Diluted) | $-0.08 | $-0.16 | — | 48.6% | — |
| Free Cash Flow | $94M | $135M | — | -30.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $17M |
| Operating Expenses | $46M |
| Cost & Expenses | $224M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $2M |
| EBIT | -$9M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$640.0K |
| Other Non-Cash Items | -$829.0K |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $0 |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $798.0K |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $236M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $210M |
| Tax Assets | $437M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $929M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $602M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $817M |
| Common Stock | $813.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$768M |
| Treasury Stock | -$451M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $352M |
| Minority Interest | $10M |
| TOTAL EQUITY | $362M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $216M |
| Net Debt | $29M |
