| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $49M | $51M | -1.1% | -3.4% |
| Op. Income | $4M | $3M | $11M | 49.7% | -64.6% |
| Gross Margin | 34.2% | 31.6% | 48.2% | 2.7pp | -13.9pp |
| Net Margin | 6.1% | 3.9% | 16.9% | 2.2pp | -10.8pp |
| EPS (Diluted) | $0.37 | $0.24 | $1.09 | 54.2% | -66.1% |
| Free Cash Flow | $14M | -$672.0K | -$773.0K | 2223.4% | 1945.9% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $175.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $4M |
| Interest Income | $48M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $970.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $175.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $4M |
| Interest Income | $48M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $970.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $970.0K |
| Stock-Based Compensation | $679.0K |
| Deferred Income Tax | -$601.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$46.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$95M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $99M |
| NET CASH FROM FINANCING | $98M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $294M |
| Short-Term Investments | $32M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $24M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.8B |
| Tax Assets | $10M |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $159M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $210M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $119M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $271M |
| Minority Interest | $0 |
| TOTAL EQUITY | $271M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $159M |
| Net Debt | -$134M |
