| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $60M | $40M | 3.7% | 55.9% |
| Op. Income | $1M | $170.0K | $850.0K | 525.9% | 25.2% |
| Gross Margin | 74.0% | 72.4% | 76.7% | 1.5pp | -2.7pp |
| Net Margin | -2.1% | -1.7% | 4.4% | -0.4pp | -6.5pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $0.05 | -7.5% | -161.5% |
| Free Cash Flow | $11M | $12M | $4M | -8.6% | 222.7% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $21M |
| Operating Expenses | $45M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $75.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $12M |
| EBIT | -$8M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $75.0K |
| Other Non-Cash Items | -$57.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$84.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $610 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$397.6K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $18M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $53M |
| Goodwill | $53M |
| Intangible Assets | $74M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $294.0K |
| TOTAL NON-CURRENT ASSETS | $182M |
| TOTAL ASSETS | $247M |
| Account Payables | $25M |
| Short-Term Debt | $17M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $344.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $136M |
| Common Stock | $0 |
| Additional Paid-In Capital | $275M |
| Retained Earnings | -$164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $247M |
| Total Debt | $98M |
| Net Debt | $81M |
