| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | — | $89M | — | 67.7% |
| Op. Income | $8M | — | $3M | — | 137.8% |
| Gross Margin | 71.2% | — | 80.7% | — | -9.5pp |
| Net Margin | 3.8% | — | -4.6% | — | 8.4pp |
| EPS (Diluted) | $0.05 | — | $-0.04 | — | 234.0% |
| Free Cash Flow | $37M | — | -$5M | — | 866.3% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $45M |
| SG&A Expenses | $68M |
| Other Expenses | $29M |
| Operating Expenses | $98M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $8M |
| Interest Income | $3M |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$87.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | -$19M |
| EBITDA | -$12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $45M |
| SG&A Expenses | $68M |
| Other Expenses | $29M |
| Operating Expenses | $98M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $8M |
| Interest Income | $3M |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$87.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | -$19M |
| EBITDA | -$12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $284M |
| Short-Term Investments | $197M |
| Net Receivables | $69M |
| Inventory | $25.0K |
| Other Current Assets | $118M |
| TOTAL CURRENT ASSETS | $672M |
| PP&E (Net) | $25M |
| Goodwill | $562M |
| Intangible Assets | $67M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $688M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $46M |
| Short-Term Debt | $217M |
| Deferred Revenue | $75M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $454M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $163.0K |
| Deferred Tax Liabilities | $822.0K |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $484M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $870M |
| Minority Interest | $6M |
| TOTAL EQUITY | $876M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $235M |
| Net Debt | -$49M |
