| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $30M | $25M | 59.6% | 88.6% |
| Op. Income | $6M | $3M | $2M | 83.0% | 160.7% |
| Gross Margin | 13.3% | 20.8% | 13.0% | -7.5pp | 0.3pp |
| Net Margin | 10.3% | 7.2% | 7.9% | 3.1pp | 2.4pp |
| EPS (Diluted) | $0.12 | $0.05 | $0.05 | 129.0% | 147.9% |
| Free Cash Flow | $1M | $4M | $742.5K | -69.2% | 76.0% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | -$3M |
| General & Administrative | $3M |
| SG&A Expenses | $314.6K |
| Other Expenses | $180.4K |
| Operating Expenses | $495.0K |
| Cost & Expenses | $42M |
| OPERATING INCOME | $6M |
| Interest Income | $164.8K |
| Interest Expense | $57.8K |
| Other Income/Expenses | $439.7K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $366.8K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | -$3M |
| General & Administrative | $3M |
| SG&A Expenses | $314.6K |
| Other Expenses | $180.4K |
| Operating Expenses | $495.0K |
| Cost & Expenses | $42M |
| OPERATING INCOME | $6M |
| Interest Income | $164.8K |
| Interest Expense | $57.8K |
| Other Income/Expenses | $439.7K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $366.8K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $375.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$22.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27.4K |
| NET CASH FROM INVESTING | -$50.4K |
| Net Debt Issuance | -$54.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$99.0K |
| NET CASH FROM FINANCING | -$153.9K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $123M |
| Goodwill | $0 |
| Intangible Assets | $92.7K |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $711.6K |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $167M |
| Account Payables | $6M |
| Short-Term Debt | $26M |
| Deferred Revenue | $276.5K |
| Other Current Liabilities | $402.5K |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $128M |
| Common Stock | $416 |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39M |
| Minority Interest | $0 |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $167M |
| Total Debt | $119M |
| Net Debt | $111M |
