| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $197M | — | 4.8% | — |
| Op. Income | $38M | $32M | — | 17.0% | — |
| Gross Margin | 67.5% | 68.1% | — | -0.6pp | — |
| Net Margin | -7.0% | -7.9% | — | 0.9pp | — |
| EPS (Diluted) | $-0.09 | $-0.09 | — | 6.9% | — |
| Free Cash Flow | $6M | -$17M | — | 133.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $140M |
| R&D Expenses | $10M |
| Selling & Marketing | $31M |
| General & Administrative | $16M |
| SG&A Expenses | $47M |
| Other Expenses | $45M |
| Operating Expenses | $102M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$757.0K |
| 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 | $45M |
| EBIT | $38M |
| EBITDA | $82M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $10M |
| Net Receivables | $133M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $72M |
| Goodwill | $3.0B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $45M |
| Short-Term Debt | $18M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $174M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$202M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
