| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $45M | $45M | 4.8% | 3.3% |
| Op. Income | -$3M | $2M | $1M | -245.1% | -327.4% |
| Gross Margin | 3.4% | 15.0% | 12.2% | -11.6pp | -8.8pp |
| Net Margin | -4.8% | 3.9% | 2.3% | -8.7pp | -7.1pp |
| EPS (Diluted) | $-0.11 | $0.08 | $0.05 | -244.4% | -337.1% |
| Free Cash Flow | $6M | $1M | $9M | 357.7% | -29.1% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $862.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$874.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $131.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $131.0K |
| Stock-Based Compensation | $3.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$399.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$399.0K |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $37M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | -$110M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $229M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$231M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $381M |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3M |
| 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 | $274M |
| Common Stock | $22M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $51M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | -$13.0K |
| TOTAL STOCKHOLDERS' EQUITY | $107M |
| Minority Interest | $0 |
| TOTAL EQUITY | $107M |
| TOTAL LIABILITIES & EQUITY | $381M |
| Total Debt | $37M |
| Net Debt | $8M |
