| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $40M | $37M | -2.5% | 7.7% |
| Op. Income | $4M | $6M | $8M | -35.5% | -49.7% |
| Gross Margin | 66.9% | 72.9% | 82.5% | -6.0pp | -15.6pp |
| Net Margin | 8.6% | 12.5% | 17.6% | -3.9pp | -9.0pp |
| EPS (Diluted) | $1.01 | $1.50 | $1.86 | -32.7% | -45.7% |
| Free Cash Flow | $410.0K | $17M | -$350.0K | -97.5% | 217.1% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $168.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $4M |
| Interest Income | $33M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $565.0K |
| 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 | $937.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $168.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $4M |
| Interest Income | $33M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $565.0K |
| 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 | $937.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $937.0K |
| Stock-Based Compensation | $510.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $675.0K |
| OPERATING CASH FLOW | $895.0K |
| Capital Expenditure | -$485.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $410.0K |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $430M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $42M |
| Goodwill | $25M |
| Intangible Assets | $1M |
| Long-Term Investments | $1.8B |
| Tax Assets | $19M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $5M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $94M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $236M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $216M |
| Minority Interest | $609.0K |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $122M |
| Net Debt | $66M |
