| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $58M | $78M | 21.9% | -9.3% |
| Op. Income | $18M | $2M | $16M | 715.1% | 10.7% |
| Gross Margin | 81.1% | 80.9% | 79.7% | 0.2pp | 1.4pp |
| Net Margin | 25.4% | 11.2% | 23.2% | 14.2pp | 2.2pp |
| EPS (Diluted) | $0.24 | $0.09 | $0.24 | 181.4% | 0.0% |
| Free Cash Flow | -$413.0K | $20M | $25M | -102.0% | -101.7% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $57M |
| R&D Expenses | $12M |
| Selling & Marketing | $21M |
| General & Administrative | $6M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $57M |
| R&D Expenses | $12M |
| Selling & Marketing | $21M |
| General & Administrative | $6M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $42M |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | $165.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$413.0K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $62M |
| Net Receivables | $74M |
| Inventory | $24M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $272M |
| PP&E (Net) | $46M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $63M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $390M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $83M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $365.0K |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $487M |
| Retained Earnings | -$90M |
| Treasury Stock | -$151M |
| Accum. Other Comp. Income | -$71.0K |
| Other Equity | -$38M |
| TOTAL STOCKHOLDERS' EQUITY | $208M |
| Minority Interest | $0 |
| TOTAL EQUITY | $208M |
| TOTAL LIABILITIES & EQUITY | $390M |
| Total Debt | $17M |
| Net Debt | -$80M |
