| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $3M | -11.0% | -20.0% |
| Op. Income | $256.7K | -$3M | -$122.7K | 110.2% | 309.2% |
| Gross Margin | 11.7% | 13.9% | 11.9% | -2.1pp | -0.2pp |
| Net Margin | 13.5% | -102.2% | -5.5% | 115.7pp | 19.1pp |
| EPS (Diluted) | $0.17 | $-1.56 | $-0.01 | 110.9% | 1674.1% |
| Free Cash Flow | -$262.8K | -$1M | $457.4K | 74.6% | -157.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $266.6K |
| R&D Expenses | $55.0K |
| Selling & Marketing | $0 |
| General & Administrative | -$15.9K |
| SG&A Expenses | -$15.9K |
| Other Expenses | -$29.2K |
| Operating Expenses | $9.8K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $256.7K |
| Interest Income | $0 |
| Interest Expense | $4.2K |
| Other Income/Expenses | -$4.2K |
| INCOME BEFORE TAX | $252.5K |
| Income Tax Expense | -$54.9K |
| Net Income from Continuing Ops | $307.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $307.4K |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $308.5K |
| D&A | $29.7K |
| EBIT | $256.7K |
| EBITDA | $286.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $266.6K |
| R&D Expenses | $55.0K |
| Selling & Marketing | $0 |
| General & Administrative | -$15.9K |
| SG&A Expenses | -$15.9K |
| Other Expenses | -$29.2K |
| Operating Expenses | $9.8K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $256.7K |
| Interest Income | $0 |
| Interest Expense | $4.2K |
| Other Income/Expenses | -$4.2K |
| INCOME BEFORE TAX | $252.5K |
| Income Tax Expense | -$54.9K |
| Net Income from Continuing Ops | $307.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $307.4K |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $308.5K |
| D&A | $29.7K |
| EBIT | $256.7K |
| EBITDA | $286.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $307.4K |
| Depreciation & Amortization | $29.7K |
| Stock-Based Compensation | -$89.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$522.5K |
| Change in Working Capital | $12.4K |
| OPERATING CASH FLOW | -$261.9K |
| Capital Expenditure | -$937 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24.6K |
| Sales/Maturities of Investments | -$708 |
| Other Investing Activities | $12.5K |
| NET CASH FROM INVESTING | -$13.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11.1K |
| NET CASH FROM FINANCING | $11.1K |
| FREE CASH FLOW | -$262.8K |
| Net Change in Cash | -$217.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $3M |
| Net Receivables | $799.7K |
| Inventory | $1M |
| Other Current Assets | $180.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $11M |
| Account Payables | $1M |
| Short-Term Debt | $13.2K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $180.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.3K |
| TOTAL NON-CURRENT LIABILITIES | $111.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $17M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $146.6K |
| Net Debt | -$2M |
