| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | — | $97M | — | 107.1% |
| Op. Income | $14M | — | -$7M | — | 306.9% |
| Gross Margin | 79.5% | — | 33.0% | — | 46.5pp |
| Net Margin | 6.9% | — | -24.4% | — | 31.3pp |
| EPS (Diluted) | $0.04 | — | $-0.07 | — | 160.3% |
| Free Cash Flow | $3M | — | -$6M | — | 147.0% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $160M |
| R&D Expenses | $70M |
| Selling & Marketing | $19M |
| General & Administrative | $31M |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $14M |
| Interest Income | $404.2K |
| Interest Expense | $391.3K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $160M |
| R&D Expenses | $70M |
| Selling & Marketing | $19M |
| General & Administrative | $31M |
| SG&A Expenses | $75M |
| Other Expenses | $0 |
| Operating Expenses | $146M |
| Cost & Expenses | $187M |
| OPERATING INCOME | $14M |
| Interest Income | $404.2K |
| Interest Expense | $391.3K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $46M |
| Inventory | $12M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $161M |
| PP&E (Net) | $22M |
| Goodwill | $3M |
| Intangible Assets | $75M |
| Long-Term Investments | $9M |
| Tax Assets | $15M |
| Other Non-Current Assets | $418.5K |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $284M |
| Account Payables | $23M |
| Short-Term Debt | $688.4K |
| Deferred Revenue | $8M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $178M |
| Common Stock | $319M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$188M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $284M |
| Total Debt | $12M |
| Net Debt | -$76M |
