| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $32M | $28M | 0.5% | 14.6% |
| Op. Income | $6M | $9M | $12M | -33.0% | -45.7% |
| Gross Margin | 66.6% | 74.8% | 89.0% | -8.2pp | -22.4pp |
| Net Margin | 13.6% | 20.3% | 29.9% | -6.7pp | -16.3pp |
| EPS (Diluted) | $0.24 | $0.35 | $0.46 | -31.4% | -47.8% |
| Free Cash Flow | -$8M | $11M | $9M | -176.2% | -195.5% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $6M |
| Interest Income | $33M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| 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 | $439.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $6M |
| Interest Income | $33M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| 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 | $439.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $439.0K |
| Stock-Based Compensation | $755.0K |
| Deferred Income Tax | -$603.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$63.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $77M |
| Common Stock Repurchased | -$385.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $130M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $163M |
| PP&E (Net) | $23M |
| Goodwill | $38M |
| Intangible Assets | $1M |
| Long-Term Investments | $2.0B |
| Tax Assets | $11M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $222M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $288M |
| Minority Interest | $0 |
| TOTAL EQUITY | $288M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $115M |
| Net Debt | $82M |
