| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $72M | $56M | -19.8% | 3.7% |
| Op. Income | $413.0K | -$32M | -$3M | 101.3% | 115.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -6.1% | -34.0% | -6.7% | 27.9pp | 0.6pp |
| EPS (Diluted) | $-2.40 | $-17.40 | $-2.60 | 86.2% | 7.7% |
| Free Cash Flow | -$4M | $7M | -$640.4K | -153.9% | -464.4% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $174.3K |
| SG&A Expenses | $174.3K |
| Other Expenses | $57M |
| Operating Expenses | $57M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $413.0K |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $2M |
| EBIT | $953.6K |
| EBITDA | $3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $174.3K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $880.1K |
| Change in Working Capital | -$28.3K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25.5K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $92M |
| Goodwill | $13M |
| Intangible Assets | $495M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $606M |
| TOTAL ASSETS | $698M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $286M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $96M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $427M |
| TOTAL LIABILITIES | $478M |
| Common Stock | $33.5K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $97M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | $499.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $220M |
| Minority Interest | $0 |
| TOTAL EQUITY | $220M |
| TOTAL LIABILITIES & EQUITY | $698M |
| Total Debt | $330M |
| Net Debt | $294M |
