| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $54M | $59M | 2.4% | -5.6% |
| Op. Income | $517.0K | $3M | -$110.0K | -84.8% | 570.0% |
| Gross Margin | 59.7% | 60.4% | 59.6% | -0.6pp | 0.1pp |
| Net Margin | 1.1% | 0.8% | -3.0% | 0.3pp | 4.1pp |
| EPS (Diluted) | $0.11 | $0.08 | $-0.34 | 30.8% | 132.4% |
| Free Cash Flow | $11M | $6M | $9M | 89.5% | 34.9% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $33M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $18M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $517.0K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$794.0K |
| INCOME BEFORE TAX | -$277.0K |
| Income Tax Expense | -$888.0K |
| Net Income from Continuing Ops | $611.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $611.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $611.0K |
| D&A | $9M |
| EBIT | $1M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $611.0K |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$856.0K |
| Other Financing Activities | -$10.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $35M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $28M |
| Goodwill | $286M |
| Intangible Assets | $217M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $662M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $183M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $268M |
| Common Stock | $332M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $393M |
| Minority Interest | $0 |
| TOTAL EQUITY | $393M |
| TOTAL LIABILITIES & EQUITY | $662M |
| Total Debt | $186M |
| Net Debt | $153M |
