| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $46M | $50M | -2.4% | -9.1% |
| Op. Income | $1M | -$949.0K | $3M | 243.7% | -59.7% |
| Gross Margin | 12.2% | 6.2% | 14.5% | 6.0pp | -2.4pp |
| Net Margin | 2.3% | -1.5% | 5.4% | 3.8pp | -3.0pp |
| EPS (Diluted) | $0.05 | $-0.03 | $0.12 | 238.5% | -61.3% |
| Free Cash Flow | $9M | $2M | $11M | 308.5% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $661.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $318.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $946.0K |
| D&A | $207.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $661.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $318.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $946.0K |
| D&A | $207.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $207.0K |
| Stock-Based Compensation | $42.0K |
| Deferred Income Tax | -$425.0K |
| Other Non-Cash Items | $250.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$14.0K |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $840.0K |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $108.0K |
| Common Dividends Paid | -$399.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $601.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $209M |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | -$279M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $222M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$224M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $367M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$34M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $265M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $52M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | -$132.0K |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $367M |
| Total Debt | $36M |
| Net Debt | $7M |
