| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $128M | $136M | -2.8% | -8.9% |
| Op. Income | -$5M | $2M | $2M | -324.0% | -348.1% |
| Gross Margin | 16.4% | 18.1% | 17.0% | -1.7pp | -0.6pp |
| Net Margin | -4.9% | 0.5% | 0.7% | -5.5pp | -5.7pp |
| EPS (Diluted) | $-1.12 | $0.12 | $0.17 | -1021.1% | -766.7% |
| Free Cash Flow | -$15M | $4M | -$10M | -466.5% | -57.9% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $11M |
| Operating Expenses | $25M |
| Cost & Expenses | $129M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$21.0K |
| 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 | $7M |
| EBIT | -$5M |
| EBITDA | $3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $763.0K |
| Deferred Income Tax | -$19.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $164.0K |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $143.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$695.0K |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $483.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $10M |
| Other Current Assets | $24.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $336M |
| Goodwill | $7M |
| Intangible Assets | $538.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $345M |
| TOTAL ASSETS | $368M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $698.0K |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $80M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $255.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $273M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $474.0K |
| Additional Paid-In Capital | $210M |
| Retained Earnings | -$148M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $368M |
| Total Debt | $299M |
| Net Debt | $296M |
