| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $17M | $20M | 29.4% | 9.8% |
| Op. Income | $6M | $4M | $6M | 48.7% | -3.1% |
| Gross Margin | 51.5% | 51.6% | 51.6% | -0.0pp | -0.0pp |
| Net Margin | 27.4% | 24.0% | 28.6% | 3.4pp | -1.1pp |
| EPS (Diluted) | $0.21 | $0.14 | $0.20 | 46.8% | 1.9% |
| Free Cash Flow | $5M | -$1M | -$965.0K | 489.7% | 585.4% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $6M |
| Interest Income | $487.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $483.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $113.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $6M |
| Interest Income | $487.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $483.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $113.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $113.0K |
| Stock-Based Compensation | $653.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$193.0K |
| Change in Working Capital | -$816.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$380.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $184.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $18M |
| Net Receivables | $17M |
| Inventory | $24M |
| Other Current Assets | $621.0K |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $150.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $81.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $98M |
| Account Payables | $9M |
| Short-Term Debt | $137.0K |
| Deferred Revenue | $132.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $31.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $285.0K |
| Additional Paid-In Capital | $128M |
| Retained Earnings | -$52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$155.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $98M |
| Total Debt | $6M |
| Net Debt | -$24M |
