| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $165M | — | -48.4% | — |
| Op. Income | -$6M | $10M | — | -161.1% | — |
| Gross Margin | 51.9% | 54.1% | — | -2.2pp | — |
| Net Margin | -4.0% | -74.9% | — | 70.9pp | — |
| EPS (Diluted) | $-2.34 | $-85.60 | — | 97.3% | — |
| Free Cash Flow | -$21M | $21M | — | -199.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $2M |
| Operating Expenses | $50M |
| Cost & Expenses | $91M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | -$7M |
| EBITDA | -$298.0K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $966.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$19M |
| 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 | $21M |
| Common Stock Repurchased | -$122.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $112M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $192M |
| PP&E (Net) | $60M |
| Goodwill | $170M |
| Intangible Assets | $216M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $457M |
| TOTAL ASSETS | $648M |
| Account Payables | $24M |
| Short-Term Debt | $8M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $163M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $286M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $358M |
| Retained Earnings | -$119M |
| Treasury Stock | -$648.0K |
| Accum. Other Comp. Income | -$273.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $238M |
| Minority Interest | $124M |
| TOTAL EQUITY | $362M |
| TOTAL LIABILITIES & EQUITY | $648M |
| Total Debt | $206M |
| Net Debt | $191M |
