| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.5B | $1.6B | 12.1% | 6.1% |
| Op. Income | $166.0K | -$9M | $78M | 101.9% | -99.8% |
| Gross Margin | 36.2% | 36.8% | 39.8% | -0.6pp | -3.5pp |
| Net Margin | -1.3% | -83.1% | 2.1% | 81.7pp | -3.4pp |
| EPS (Diluted) | $-0.08 | $-4.63 | $0.12 | 98.2% | -170.0% |
| Free Cash Flow | -$2M | -$28M | $71M | 92.7% | -102.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $606M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $606M |
| Other Expenses | $0 |
| Operating Expenses | $606M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $166.0K |
| Interest Income | $326.0K |
| Interest Expense | $40M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $52M |
| EBIT | $492.0K |
| EBITDA | $53M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $89M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $685M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $952M |
| PP&E (Net) | $2.2B |
| Goodwill | $980M |
| Intangible Assets | $1.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $485M |
| Short-Term Debt | $16M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $252M |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $269.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $3.0B |
| Net Debt | $2.9B |
