| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $46M | $52M | -2.2% | -13.3% |
| Op. Income | -$24M | -$6M | -$8M | -307.0% | -182.5% |
| Gross Margin | 22.6% | 19.9% | 16.2% | 2.7pp | 6.5pp |
| Net Margin | 283.6% | -62.7% | -63.9% | 346.2pp | 347.5pp |
| EPS (Diluted) | $11.95 | $-2.32 | $-2.67 | 615.1% | 547.6% |
| Free Cash Flow | -$53M | -$3M | -$3M | -1683.6% | -1856.8% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $10M |
| R&D Expenses | $6M |
| Selling & Marketing | $2M |
| General & Administrative | $19M |
| SG&A Expenses | $22M |
| Other Expenses | $6M |
| Operating Expenses | $34M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$24M |
| Interest Income | $509.0K |
| Interest Expense | $7M |
| Other Income/Expenses | $149M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $128M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $128M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $128M |
| D&A | $954.0K |
| EBIT | $133M |
| EBITDA | $134M |
| EPS | $12 |
| EPS Diluted | $12 |
| Item | Amount |
|---|---|
| Net Income | $128M |
| Depreciation & Amortization | $954.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$148M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$57.0K |
| Acquisitions (Net) | $45M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $82M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $31M |
| Net Receivables | $34M |
| Inventory | $557.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $738.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $121M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $456.0K |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $165M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$560.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $121M |
| Total Debt | $72M |
| Net Debt | $34M |
