| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $151M | $137M | 2.6% | 12.7% |
| Op. Income | $1M | $7M | $5M | -82.6% | -74.0% |
| Gross Margin | 22.5% | 22.8% | 24.8% | -0.3pp | -2.3pp |
| Net Margin | 6.6% | 4.5% | 4.7% | 2.0pp | 1.9pp |
| EPS (Diluted) | $0.08 | $0.06 | $0.05 | 47.7% | 52.3% |
| Free Cash Flow | -$67M | -$49M | $2M | -35.2% | -3019.9% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $35M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $1M |
| Interest Income | $150.9K |
| Interest Expense | $75.5K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$679.0K |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $16M |
| EBIT | $1M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $102M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $100M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $302M |
| Inventory | $7M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $345M |
| PP&E (Net) | $333M |
| Goodwill | $332M |
| Intangible Assets | $439M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $165M |
| Short-Term Debt | $8M |
| Deferred Revenue | $58M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $331M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $136M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $546M |
| TOTAL LIABILITIES | $828M |
| Common Stock | $721M |
| Additional Paid-In Capital | $24M |
| Retained Earnings | $44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $803M |
| Minority Interest | $0 |
| TOTAL EQUITY | $803M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $396M |
| Net Debt | $379M |
