| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $121M | $149M | 8.0% | -12.5% |
| Op. Income | $10M | $6M | $20M | 63.2% | -47.6% |
| Gross Margin | 24.7% | 20.5% | 26.5% | 4.2pp | -1.8pp |
| Net Margin | 7.8% | 6.1% | 12.7% | 1.7pp | -4.9pp |
| EPS (Diluted) | $0.58 | $0.42 | $1.06 | 38.1% | -45.3% |
| Free Cash Flow | $12M | -$11M | $16M | 210.3% | -24.3% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $11M |
| SG&A Expenses | $22M |
| Other Expenses | -$5.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $10M |
| Interest Income | $1M |
| Interest Expense | $28.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| NET INCOME | $10M |
| D&A | $3M |
| EBIT | $12M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $11M |
| SG&A Expenses | $22M |
| Other Expenses | -$5.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $10M |
| Interest Income | $1M |
| Interest Expense | $28.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| NET INCOME | $10M |
| D&A | $3M |
| EBIT | $12M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$193.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $102M |
| Net Receivables | $60M |
| Inventory | $80M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $271M |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $11M |
| Long-Term Investments | $23M |
| Tax Assets | $12M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $399M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $149.0K |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$5M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $24M |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $418M |
| Treasury Stock | -$158M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $399M |
| Total Debt | $2M |
| Net Debt | -$13M |
