| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $74M | $75M | -6.5% | -8.7% |
| Op. Income | $415.0K | $3M | -$21M | -87.1% | 102.0% |
| Gross Margin | 34.1% | 34.6% | 35.6% | -0.5pp | -1.5pp |
| Net Margin | -1.2% | 1.4% | -21.9% | -2.5pp | 20.7pp |
| EPS (Diluted) | $-0.07 | $0.09 | $-1.54 | -179.6% | 95.3% |
| Free Cash Flow | $7M | $5M | $3M | 46.1% | 115.6% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $392.0K |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $3M |
| Operating Expenses | $23M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $415.0K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$820.0K |
| Income Tax Expense | -$28.0K |
| Net Income from Continuing Ops | -$792.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$792.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$792.0K |
| D&A | $2M |
| EBIT | $415.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$792.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $235.0K |
| Deferred Income Tax | -$127.0K |
| Other Non-Cash Items | $637.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$494.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$494.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$324.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $50.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50.0K |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $442.0K |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $6M |
| Goodwill | $59M |
| Intangible Assets | $34M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $171M |
| Account Payables | $224.0K |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $109.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $15M |
| Treasury Stock | -$57.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $171M |
| Total Debt | $63M |
| Net Debt | $63M |
