| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $48M | $41M | -31.3% | -18.9% |
| Op. Income | $8M | $13M | $9M | -38.0% | -8.4% |
| Gross Margin | 45.0% | 70.2% | 68.7% | -25.2pp | -23.7pp |
| Net Margin | 19.1% | 20.6% | 17.5% | -1.5pp | 1.6pp |
| EPS (Diluted) | $0.43 | $0.68 | $0.47 | -36.8% | -8.5% |
| Free Cash Flow | $4M | $19M | -$206.0K | -78.8% | 2078.2% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $569.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$6M |
| Operating Expenses | $7M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $8M |
| Interest Income | $42M |
| Interest Expense | $15M |
| 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 | $788.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $569.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$6M |
| Operating Expenses | $7M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $8M |
| Interest Income | $42M |
| Interest Expense | $15M |
| 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 | $788.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $788.0K |
| Stock-Based Compensation | $509.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$303.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | $42M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | -$143.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$101M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $1.0B |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $17M |
| Goodwill | $27M |
| Intangible Assets | $1M |
| Long-Term Investments | $2.4B |
| Tax Assets | $29M |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $0 |
| Short-Term Debt | $388M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $243M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $110M |
| Additional Paid-In Capital | $5M |
| Retained Earnings | $259M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $338M |
| Minority Interest | $0 |
| TOTAL EQUITY | $338M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $553M |
| Net Debt | $474M |
