| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $285M | $271M | $221M | 5.1% | 28.7% |
| Op. Income | $35M | $13M | $5M | 177.5% | 624.8% |
| Gross Margin | 65.7% | 65.6% | 62.6% | 0.1pp | 3.1pp |
| Net Margin | 19.0% | 3.4% | 1.8% | 15.6pp | 17.3pp |
| EPS (Diluted) | $1.38 | $0.23 | $0.10 | 500.0% | 1284.2% |
| Free Cash Flow | $33M | $28M | -$2M | 18.6% | 1565.9% |
| Item | Amount |
|---|---|
| REVENUE | $285M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $187M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $35M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $7M |
| EBIT | $25M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $285M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $187M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | $0 |
| Operating Expenses | $152M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $35M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $7M |
| EBIT | $25M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$525.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$925.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $122M |
| Net Receivables | $202M |
| Inventory | $388M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $915M |
| PP&E (Net) | $293M |
| Goodwill | $166M |
| Intangible Assets | $71M |
| Long-Term Investments | $0 |
| Tax Assets | $85M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $641M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $377M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $135M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $234M |
| Net Debt | $67M |
