| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $98M | $80M | -22.1% | -4.7% |
| Op. Income | $6M | $13M | $9M | -52.8% | -33.4% |
| Gross Margin | 17.6% | 20.6% | 22.4% | -3.0pp | -4.8pp |
| Net Margin | 8.6% | 13.4% | 11.0% | -4.8pp | -2.5pp |
| EPS (Diluted) | $0.92 | $1.86 | $1.25 | -50.5% | -26.4% |
| Free Cash Flow | $5M | $16M | $37M | -68.6% | -86.0% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $56.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$389.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $174.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$18.0K |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $24M |
| Net Receivables | $40M |
| Inventory | $204M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $338M |
| PP&E (Net) | $49M |
| Goodwill | $19M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $417M |
| Account Payables | $13M |
| Short-Term Debt | $675.0K |
| Deferred Revenue | $20M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $7M |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $319M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $21.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $417M |
| Total Debt | $10M |
| Net Debt | -$53M |
