| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | 1.0% |
| Op. Income | $126.0K | — | -$70.0K | — | 280.0% |
| Gross Margin | 97.6% | — | 97.5% | — | 0.2pp |
| Net Margin | 11.7% | — | -21.3% | — | 33.0pp |
| EPS (Diluted) | $0.02 | — | $-0.16 | — | 110.9% |
| Free Cash Flow | $167.0K | — | -$546.0K | — | 130.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $46.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $912.0K |
| Selling & Marketing | $164.0K |
| General & Administrative | $706.0K |
| SG&A Expenses | $870.0K |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $126.0K |
| Interest Income | $97.0K |
| Interest Expense | $97.0K |
| Other Income/Expenses | $135.0K |
| INCOME BEFORE TAX | $261.0K |
| Income Tax Expense | $32.0K |
| Net Income from Continuing Ops | $229.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $229.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $229.0K |
| D&A | $13.0K |
| EBIT | $358.0K |
| EBITDA | $371.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $46.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $912.0K |
| Selling & Marketing | $164.0K |
| General & Administrative | $706.0K |
| SG&A Expenses | $870.0K |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $126.0K |
| Interest Income | $97.0K |
| Interest Expense | $97.0K |
| Other Income/Expenses | $135.0K |
| INCOME BEFORE TAX | $261.0K |
| Income Tax Expense | $32.0K |
| Net Income from Continuing Ops | $229.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $229.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $229.0K |
| D&A | $13.0K |
| EBIT | $358.0K |
| EBITDA | $371.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $229.0K |
| Depreciation & Amortization | $13.0K |
| Stock-Based Compensation | $93.5K |
| Deferred Income Tax | -$316.5K |
| Other Non-Cash Items | $299.0K |
| Change in Working Capital | $38.0K |
| OPERATING CASH FLOW | $356.0K |
| Capital Expenditure | -$189.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$189.0K |
| Net Debt Issuance | -$321.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25.0K |
| NET CASH FROM FINANCING | -$275.0K |
| FREE CASH FLOW | $167.0K |
| Net Change in Cash | -$108.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $597.0K |
| Inventory | $0 |
| Other Current Assets | $56.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $19.0K |
| Goodwill | $4M |
| Intangible Assets | $280.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $12M |
| Account Payables | $7.0K |
| Short-Term Debt | $330.0K |
| Deferred Revenue | $27.0K |
| Other Current Liabilities | $378.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $170.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72.0K |
| TOTAL NON-CURRENT LIABILITIES | $242.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $179.0K |
| Additional Paid-In Capital | $42M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $500.0K |
| Net Debt | -$6M |
