| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $276M | $267M | 3.8% | 7.1% |
| Op. Income | -$281M | $87M | $77M | -422.3% | -462.9% |
| Gross Margin | 53.8% | 54.6% | 55.8% | -0.8pp | -2.0pp |
| Net Margin | -84.1% | 18.9% | 19.5% | -103.0pp | -103.7pp |
| EPS (Diluted) | $-4.83 | $1.04 | $1.02 | -564.4% | -573.5% |
| Free Cash Flow | $56M | $53M | $60M | 6.2% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $28M |
| SG&A Expenses | $59M |
| Other Expenses | $376M |
| Operating Expenses | $435M |
| Cost & Expenses | $567M |
| OPERATING INCOME | -$281M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$300M |
| Income Tax Expense | -$59M |
| Net Income from Continuing Ops | -$241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$241M |
| D&A | $8M |
| EBIT | -$281M |
| EBITDA | -$273M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$241M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$75M |
| Other Non-Cash Items | $374M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $199.0K |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $167M |
| Inventory | $162M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $392M |
| PP&E (Net) | $90M |
| Goodwill | $528M |
| Intangible Assets | $2.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $63M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $380M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $548.0K |
| Additional Paid-In Capital | $535M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$189M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
