| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $217M | $233M | $218M | -6.9% | -0.2% |
| Op. Income | $2M | $17M | $8M | -87.6% | -72.2% |
| Gross Margin | 55.9% | 59.6% | 59.6% | -3.7pp | -3.7pp |
| Net Margin | -0.5% | 12.2% | 3.2% | -12.6pp | -3.7pp |
| EPS (Diluted) | $-0.03 | $0.79 | $0.19 | -103.6% | -114.8% |
| Free Cash Flow | $23M | -$6M | $45M | 459.3% | -49.8% |
| Item | Amount |
|---|---|
| REVENUE | $217M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $121M |
| R&D Expenses | $23M |
| Selling & Marketing | $63M |
| General & Administrative | $33M |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $570.0K |
| Other Income/Expenses | -$64.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $20M |
| EBIT | $3M |
| EBITDA | $23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$625.0K |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $80M |
| Goodwill | $383M |
| Intangible Assets | $184M |
| Long-Term Investments | $20M |
| Tax Assets | $25M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $744M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $9M |
| Short-Term Debt | $30M |
| Deferred Revenue | $203M |
| Other Current Liabilities | $125M |
| TOTAL CURRENT LIABILITIES | $452M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $509M |
| Common Stock | $399.0K |
| Additional Paid-In Capital | $424M |
| Retained Earnings | $343M |
| Treasury Stock | -$228M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $527M |
| Minority Interest | $0 |
| TOTAL EQUITY | $527M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $68M |
| Net Debt | -$32M |
