| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $90M | $89M | -9.8% | -9.1% |
| Op. Income | $7M | $12M | $10M | -42.4% | -30.3% |
| Gross Margin | 43.4% | 43.0% | 41.9% | 0.4pp | 1.6pp |
| Net Margin | 7.3% | 4.7% | 7.8% | 2.6pp | -0.5pp |
| EPS (Diluted) | $0.44 | $0.31 | $0.51 | 41.9% | -13.7% |
| Free Cash Flow | $4M | $13M | $5M | -71.6% | -22.5% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $782.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $7M |
| Interest Income | $323.0K |
| Interest Expense | $628.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $9M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $782.0K |
| Operating Expenses | $28M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $7M |
| Interest Income | $323.0K |
| Interest Expense | $628.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $9M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $661.0K |
| Deferred Income Tax | $44.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $341.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$890.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$949.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $90M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $115M |
| Goodwill | $46M |
| Intangible Assets | $44M |
| Long-Term Investments | $40M |
| Tax Assets | $3M |
| Other Non-Current Assets | -$23M |
| TOTAL NON-CURRENT ASSETS | $225M |
| TOTAL ASSETS | $466M |
| Account Payables | $11M |
| Short-Term Debt | $32M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $1M |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $188M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $328M |
| Minority Interest | -$8.0K |
| TOTAL EQUITY | $328M |
| TOTAL LIABILITIES & EQUITY | $466M |
| Total Debt | $58M |
| Net Debt | -$25M |
