| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $199M | $184M | 3.2% | 11.3% |
| Op. Income | $11M | -$16M | -$13M | 168.2% | 181.9% |
| Gross Margin | 70.9% | 70.9% | 70.2% | -0.0pp | 0.7pp |
| Net Margin | 9.8% | -38.5% | -6.2% | 48.3pp | 15.9pp |
| EPS (Diluted) | $0.27 | $-1.25 | $-0.19 | 121.6% | 242.1% |
| Free Cash Flow | $63M | $3M | $33M | 1772.4% | 91.1% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $146M |
| R&D Expenses | $40M |
| Selling & Marketing | $73M |
| General & Administrative | $19M |
| SG&A Expenses | $93M |
| Other Expenses | $2M |
| Operating Expenses | $135M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $11M |
| Interest Income | $4M |
| Interest Expense | $3M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $11M |
| EBIT | $19M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $146M |
| R&D Expenses | $40M |
| Selling & Marketing | $73M |
| General & Administrative | $19M |
| SG&A Expenses | $93M |
| Other Expenses | $2M |
| Operating Expenses | $135M |
| Cost & Expenses | $194M |
| OPERATING INCOME | $11M |
| Interest Income | $4M |
| Interest Expense | $3M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $11M |
| EBIT | $19M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$367.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$709.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $170M |
| Net Receivables | $165M |
| Inventory | $0 |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $634M |
| PP&E (Net) | $94M |
| Goodwill | $536M |
| Intangible Assets | $95M |
| Long-Term Investments | $56M |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $871M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $456M |
| Other Current Liabilities | $536.0K |
| TOTAL CURRENT LIABILITIES | $570M |
| Long-Term Debt | $930M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $617.0K |
| Additional Paid-In Capital | $895M |
| Retained Earnings | -$1.0B |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$118M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$118M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $1.0B |
| Net Debt | $811M |
