| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $21M | — | 12.7% | — |
| Op. Income | $500.5K | -$3M | — | 117.6% | — |
| Gross Margin | 16.6% | 4.4% | — | 12.2pp | — |
| Net Margin | 0.1% | -10.1% | — | 10.2pp | — |
| EPS (Diluted) | $-3.34 | $-0.08 | — | -4283.2% | — |
| Free Cash Flow | -$2M | -$2M | — | -32.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $500.5K |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | -$165.7K |
| INCOME BEFORE TAX | $334.8K |
| Income Tax Expense | $171.5K |
| Net Income from Continuing Ops | $163.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $2M |
| EBIT | $534.7K |
| EBITDA | $2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $500.5K |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | -$165.7K |
| INCOME BEFORE TAX | $334.8K |
| Income Tax Expense | $171.5K |
| Net Income from Continuing Ops | $163.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$31M |
| D&A | $2M |
| EBIT | $534.7K |
| EBITDA | $2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | $31.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$883.4K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$373.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $616.3K |
| NET CASH FROM FINANCING | $242.9K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $165.5K |
| Other Current Assets | $109.4K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $5M |
| Goodwill | $141M |
| Intangible Assets | $134M |
| Long-Term Investments | $0 |
| Tax Assets | $550.8K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $284M |
| TOTAL ASSETS | $314M |
| Account Payables | $13M |
| Short-Term Debt | $6M |
| Deferred Revenue | $500.8K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $3.7K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | -$3.7K |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $5M |
| TOTAL EQUITY | $253M |
| TOTAL LIABILITIES & EQUITY | $314M |
| Total Debt | $11M |
| Net Debt | $4M |
