| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $19M | 0.7% | 14.6% |
| Op. Income | $3M | $2M | $4M | 9.7% | -29.7% |
| Gross Margin | 57.9% | 56.4% | 70.2% | 1.5pp | -12.2pp |
| Net Margin | 10.3% | 9.7% | 16.4% | 0.7pp | -6.1pp |
| EPS (Diluted) | $0.26 | $0.24 | $0.36 | 8.3% | -27.8% |
| Free Cash Flow | $1M | $5M | $5M | -75.6% | -73.6% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $3M |
| Interest Income | $20M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $416.0K |
| 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 | $413.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $3M |
| Interest Income | $20M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $416.0K |
| 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 | $413.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $413.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $140.0K |
| Other Non-Cash Items | -$41.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$64.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $59M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $723M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $855M |
| PP&E (Net) | $22M |
| Goodwill | $12M |
| Intangible Assets | $1M |
| Long-Term Investments | $1.3B |
| Tax Assets | $17M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $3M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $90M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $18M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $143M |
| Net Debt | $24M |
