| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $42M | $38M | 0.5% | 11.4% |
| Op. Income | $6M | $6M | $8M | 5.6% | -27.4% |
| Gross Margin | 62.4% | 64.2% | 73.6% | -1.7pp | -11.1pp |
| Net Margin | 12.3% | 12.0% | 19.7% | 0.3pp | -7.5pp |
| EPS (Diluted) | $0.69 | $0.67 | $1.00 | 3.0% | -31.0% |
| Free Cash Flow | $6M | $2M | $8M | 140.9% | -32.3% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $329.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $21M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $6M |
| Interest Income | $39M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $678.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $820.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $329.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $21M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $6M |
| Interest Income | $39M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $678.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $820.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $820.0K |
| Stock-Based Compensation | $632.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$718.0K |
| Change in Working Capital | -$970.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | $88M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $1.3B |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $193M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $0 |
| Short-Term Debt | $360M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $360M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$333M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $4M |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $429M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$101M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $319M |
| Minority Interest | $0 |
| TOTAL EQUITY | $319M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $720M |
| Net Debt | $666M |
