| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $120M | — | 5.4% | — |
| Op. Income | -$7M | -$7M | — | -0.2% | — |
| Gross Margin | 5.0% | 4.7% | — | 0.3pp | — |
| Net Margin | -3.7% | -6.7% | — | 3.1pp | — |
| EPS (Diluted) | $-0.06 | $-0.10 | — | 39.1% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $8M |
| SG&A Expenses | $12M |
| Other Expenses | -$357.4K |
| Operating Expenses | $13M |
| Cost & Expenses | $134M |
| OPERATING INCOME | -$7M |
| Interest Income | $395.0K |
| Interest Expense | $84.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $3.4K |
| 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 | $0 |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $3M |
| Net Receivables | $74M |
| Inventory | $0 |
| Other Current Assets | $232.9K |
| TOTAL CURRENT ASSETS | $114M |
| PP&E (Net) | $2M |
| Goodwill | $12M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $131M |
| Account Payables | $46M |
| Short-Term Debt | $3M |
| Deferred Revenue | $627.6K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $209.2K |
| Deferred Tax Liabilities | $294.1K |
| Other Non-Current Liabilities | $791.8K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $731 |
| Additional Paid-In Capital | $364M |
| Retained Earnings | -$309M |
| Treasury Stock | -$149.8K |
| Accum. Other Comp. Income | $168.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $55M |
| Minority Interest | $0 |
| TOTAL EQUITY | $55M |
| TOTAL LIABILITIES & EQUITY | $131M |
| Total Debt | $4M |
| Net Debt | -$31M |
