| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $35M | $32M | -2.5% | 7.1% |
| Op. Income | $8M | $9M | $10M | -7.5% | -18.7% |
| Gross Margin | 71.6% | 68.3% | 83.9% | 3.3pp | -12.3pp |
| Net Margin | 17.4% | 18.5% | 22.8% | -1.1pp | -5.4pp |
| EPS (Diluted) | $0.51 | $0.55 | $0.55 | -7.3% | -7.3% |
| Free Cash Flow | $4M | $7M | $8M | -43.6% | -51.0% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $123.0K |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $8M |
| Interest Income | $31M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $796.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $123.0K |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $8M |
| Interest Income | $31M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $796.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $796.0K |
| Stock-Based Compensation | $160.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$269.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $36M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$315.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $168M |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $28M |
| Goodwill | $39M |
| Intangible Assets | $4M |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $376M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $72M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $177M |
| Additional Paid-In Capital | $287.0K |
| Retained Earnings | $151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314M |
| Minority Interest | $0 |
| TOTAL EQUITY | $314M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $87M |
| Net Debt | $65M |
