| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $39M | $70M | 12.8% | -37.7% |
| Op. Income | -$3M | -$4M | $3M | 19.6% | -232.5% |
| Gross Margin | 27.3% | 32.4% | 30.0% | -5.1pp | -2.8pp |
| Net Margin | -6.7% | -10.6% | 0.8% | 3.9pp | -7.5pp |
| EPS (Diluted) | $-0.03 | $-0.04 | $0.00 | 37.3% | -645.7% |
| Free Cash Flow | $15M | -$1M | $61.6K | 1152.2% | 24498.2% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $742.3K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $3M |
| Operating Expenses | $15M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $93.9K |
| Other Income/Expenses | -$96.9K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$639.2K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $5M |
| EBIT | -$3M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$553.2K |
| Other Non-Cash Items | -$909.5K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$479.6K |
| Common Stock Repurchased | -$231.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $54M |
| Other Current Assets | $500.0K |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $57M |
| Goodwill | $91M |
| Intangible Assets | $129M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $284M |
| TOTAL ASSETS | $412M |
| Account Payables | $18M |
| Short-Term Debt | $3M |
| Deferred Revenue | $101.6K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $140.4K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $118.3K |
| Additional Paid-In Capital | $392M |
| Retained Earnings | -$19M |
| Treasury Stock | -$522.2K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $373M |
| Minority Interest | $0 |
| TOTAL EQUITY | $373M |
| TOTAL LIABILITIES & EQUITY | $412M |
| Total Debt | $15M |
| Net Debt | -$24M |
