| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $142M | $130M | -0.9% | 7.7% |
| Op. Income | $23M | $26M | $20M | -9.4% | 18.9% |
| Gross Margin | 51.4% | 50.6% | 47.4% | 0.7pp | 4.0pp |
| Net Margin | 11.8% | 13.3% | 11.3% | -1.5pp | 0.5pp |
| EPS (Diluted) | $1.21 | $1.38 | $1.08 | -12.3% | 12.0% |
| Free Cash Flow | $41M | $34M | -$6M | 20.9% | 750.3% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $39M |
| SG&A Expenses | $49M |
| Other Expenses | $252.0K |
| Operating Expenses | $49M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $23M |
| Interest Income | $67.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $65.0K |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $39M |
| SG&A Expenses | $49M |
| Other Expenses | $252.0K |
| Operating Expenses | $49M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $23M |
| Interest Income | $67.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $65.0K |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $641.0K |
| Deferred Income Tax | -$878.0K |
| Other Non-Cash Items | $361.0K |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $218.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$261.0K |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $98M |
| Inventory | $87M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $75M |
| Goodwill | $96M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $189M |
| TOTAL ASSETS | $438M |
| Account Payables | $31M |
| Short-Term Debt | $11M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $139M |
| TOTAL LIABILITIES | $228M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $172M |
| Retained Earnings | $477M |
| Treasury Stock | -$408M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $210M |
| Minority Interest | $0 |
| TOTAL EQUITY | $210M |
| TOTAL LIABILITIES & EQUITY | $438M |
| Total Debt | $129M |
| Net Debt | $80M |
