| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $566M | $476M | $436M | 18.9% | 29.9% |
| Op. Income | -$2M | -$4M | -$323M | 40.5% | 99.2% |
| Gross Margin | 18.7% | 19.8% | 20.5% | -1.1pp | -1.8pp |
| Net Margin | 0.1% | -1.4% | -72.2% | 1.4pp | 72.2pp |
| EPS (Diluted) | $0.00 | $-0.03 | $-1.29 | 106.4% | 100.1% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $566M |
| Cost of Revenue | $460M |
| GROSS PROFIT | $106M |
| R&D Expenses | $9M |
| Selling & Marketing | $46M |
| General & Administrative | $9M |
| SG&A Expenses | $55M |
| Other Expenses | $43M |
| Operating Expenses | $108M |
| Cost & Expenses | $568M |
| OPERATING INCOME | -$2M |
| Interest Income | $2M |
| Interest Expense | $227.6K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$897.9K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $405.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $405.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $405.9K |
| D&A | $12M |
| EBIT | -$389.0K |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $405.9K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $66M |
| Net Receivables | $6M |
| Inventory | $149M |
| Other Current Assets | $152M |
| TOTAL CURRENT ASSETS | $661M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $68M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $141M |
| TOTAL ASSETS | $803M |
| Account Payables | $78M |
| Short-Term Debt | $51M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $92M |
| TOTAL CURRENT LIABILITIES | $247M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $260M |
| Common Stock | $134.6K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $542M |
| Minority Interest | $0 |
| TOTAL EQUITY | $542M |
| TOTAL LIABILITIES & EQUITY | $803M |
| Total Debt | $59M |
| Net Debt | -$230M |
