| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $90M | $73M | 0.5% | 23.9% |
| Op. Income | $26M | $27M | $12M | -2.5% | 122.2% |
| Gross Margin | 76.5% | 46.2% | 43.1% | 30.3pp | 33.5pp |
| Net Margin | 21.0% | 14.4% | -38.6% | 6.6pp | 59.6pp |
| EPS (Diluted) | $0.13 | $0.06 | $-0.20 | 113.1% | 165.0% |
| Free Cash Flow | $35M | $28M | $12M | 24.0% | 193.2% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $70M |
| R&D Expenses | $634.0K |
| Selling & Marketing | $9M |
| General & Administrative | $4M |
| SG&A Expenses | $13M |
| Other Expenses | $30M |
| Operating Expenses | $43M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $26M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | -$58.0K |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $657.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $70M |
| R&D Expenses | $634.0K |
| Selling & Marketing | $9M |
| General & Administrative | $4M |
| SG&A Expenses | $13M |
| Other Expenses | $30M |
| Operating Expenses | $43M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $26M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | -$58.0K |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $657.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $657.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $46M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $59M |
| Net Receivables | $35M |
| Inventory | -$45M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $230M |
| PP&E (Net) | $990.0K |
| Goodwill | $87M |
| Intangible Assets | $605M |
| Long-Term Investments | $10M |
| Tax Assets | $11M |
| Other Non-Current Assets | $459.0K |
| TOTAL NON-CURRENT ASSETS | $714M |
| TOTAL ASSETS | $944M |
| Account Payables | $13M |
| Short-Term Debt | $578.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $275M |
| Deferred Revenue NC | -$578.0K |
| Deferred Tax Liabilities | $578.0K |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $299M |
| TOTAL LIABILITIES | $402M |
| Common Stock | $2M |
| Additional Paid-In Capital | $312M |
| Retained Earnings | $96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$548.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $542M |
| Minority Interest | $0 |
| TOTAL EQUITY | $542M |
| TOTAL LIABILITIES & EQUITY | $944M |
| Total Debt | $275M |
| Net Debt | $146M |
