| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $29M | $27M | 0.7% | 7.9% |
| Op. Income | $9M | $10M | -$3M | -8.6% | 398.8% |
| Gross Margin | 45.3% | 80.8% | 82.1% | -35.5pp | -36.8pp |
| Net Margin | 12.5% | 15.7% | -25.5% | -3.2pp | 38.0pp |
| EPS (Diluted) | $0.11 | $0.15 | $-0.32 | -26.7% | 134.4% |
| Free Cash Flow | $8M | $7M | $9M | 11.2% | -12.0% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $9M |
| Interest Income | $1.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $10M |
| EBIT | $9M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $9M |
| Interest Income | $1.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $10M |
| EBIT | $9M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$755.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $870.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$614.0K |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $313.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $21M |
| Net Receivables | $58M |
| Inventory | -$21M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $721.0K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $21M |
| Tax Assets | -$35M |
| Other Non-Current Assets | $920M |
| TOTAL NON-CURRENT ASSETS | $910M |
| TOTAL ASSETS | $983M |
| Account Payables | $12M |
| Short-Term Debt | $5M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $438M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | -$94M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $365M |
| TOTAL LIABILITIES | $471M |
| Common Stock | $277.0K |
| Additional Paid-In Capital | $690M |
| Retained Earnings | -$201M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$272M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $512M |
| Minority Interest | $0 |
| TOTAL EQUITY | $512M |
| TOTAL LIABILITIES & EQUITY | $983M |
| Total Debt | $446M |
| Net Debt | $445M |
