| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $320M | $291M | -12.4% | -3.6% |
| Op. Income | $20M | $28M | $29M | -28.5% | -30.4% |
| Gross Margin | 35.6% | 36.8% | 38.3% | -1.2pp | -2.7pp |
| Net Margin | 5.5% | 6.8% | 7.4% | -1.3pp | -1.9pp |
| EPS (Diluted) | $0.57 | $0.80 | $0.79 | -28.8% | -27.8% |
| Free Cash Flow | $41M | $34M | $18M | 19.7% | 128.2% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $23M |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $20M |
| Interest Income | $1M |
| Interest Expense | $74.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $8M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $56M |
| General & Administrative | $23M |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $20M |
| Interest Income | $1M |
| Interest Expense | $74.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $8M |
| EBIT | $21M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $694.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$332.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$110.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $12M |
| Net Receivables | $3M |
| Inventory | $346M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $502M |
| Goodwill | $12M |
| Intangible Assets | $33M |
| Long-Term Investments | -$17M |
| Tax Assets | $93M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $653M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $58M |
| Short-Term Debt | $53M |
| Deferred Revenue | $2M |
| Other Current Liabilities | -$39M |
| TOTAL CURRENT LIABILITIES | $128M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $110M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $423M |
| TOTAL LIABILITIES | $551M |
| Common Stock | $410.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $715M |
| Treasury Stock | -$215M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $583M |
| Minority Interest | $0 |
| TOTAL EQUITY | $583M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $354M |
| Net Debt | $255M |
