| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $166M | $180M | 3.9% | -4.1% |
| Op. Income | -$8M | -$3M | -$1M | -206.8% | -456.2% |
| Gross Margin | 27.0% | 29.3% | 29.0% | -2.3pp | -2.1pp |
| Net Margin | -11.9% | -0.5% | -0.1% | -11.4pp | -11.8pp |
| EPS (Diluted) | $-0.69 | $-0.03 | $0.01 | -2329.6% | -6799.0% |
| Free Cash Flow | $483.0K | -$11M | $6M | 104.5% | -92.5% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | -$800.0K |
| General & Administrative | $55M |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $181M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $774.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $3M |
| EBIT | -$9M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $534.0K |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $199.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $190.0K |
| NET CASH FROM FINANCING | $17.0K |
| FREE CASH FLOW | $483.0K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $48M |
| Net Receivables | $6M |
| Inventory | $63M |
| Other Current Assets | $783.0K |
| TOTAL CURRENT ASSETS | $176M |
| PP&E (Net) | $252M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $59M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $313M |
| TOTAL ASSETS | $489M |
| Account Payables | $15M |
| Short-Term Debt | $52M |
| Deferred Revenue | $15M |
| Other Current Liabilities | -$41M |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $180M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | -$179M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $344M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $172M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $323.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $145M |
| Minority Interest | $0 |
| TOTAL EQUITY | $145M |
| TOTAL LIABILITIES & EQUITY | $489M |
| Total Debt | $232M |
| Net Debt | $185M |
