| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $357M | $331M | — | 7.9% | — |
| Op. Income | -$990.5K | -$18M | — | 94.4% | — |
| Gross Margin | 17.1% | 16.3% | — | 0.8pp | — |
| Net Margin | 0.8% | -4.3% | — | 5.1pp | — |
| EPS (Diluted) | $-0.05 | $-0.09 | — | 39.0% | — |
| Free Cash Flow | -$12M | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $296M |
| GROSS PROFIT | $61M |
| R&D Expenses | $6M |
| Selling & Marketing | $25M |
| General & Administrative | $16M |
| SG&A Expenses | $41M |
| Other Expenses | $16M |
| Operating Expenses | $62M |
| Cost & Expenses | $358M |
| OPERATING INCOME | -$990.5K |
| Interest Income | $2M |
| Interest Expense | $957.9K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$8.8K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$246.2K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $233.5K |
| NET CASH FROM INVESTING | -$40M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $59M |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $128M |
| Net Receivables | $583M |
| Inventory | $98M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $54M |
| Goodwill | $5M |
| Intangible Assets | $5M |
| Long-Term Investments | -$110M |
| Tax Assets | $110M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $421M |
| Short-Term Debt | $87M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $589M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74.1K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $610M |
| Common Stock | $584 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$717M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $469M |
| Minority Interest | $0 |
| TOTAL EQUITY | $469M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $121M |
| Net Debt | -$38M |
