| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $105M | $123M | -79.8% | -82.7% |
| Op. Income | $2M | $11M | $17M | -80.8% | -87.6% |
| Gross Margin | 32.0% | 33.2% | 33.1% | -1.2pp | -1.1pp |
| Net Margin | 4.3% | -0.7% | 7.2% | 5.0pp | -2.9pp |
| EPS (Diluted) | $0.03 | $-0.01 | $0.08 | 683.9% | -57.9% |
| Free Cash Flow | $4M | $22M | $18M | -79.8% | -75.4% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $68.1K |
| Operating Expenses | $5M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $107.1K |
| Interest Expense | $741.5K |
| Other Income/Expenses | -$503.3K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $681.4K |
| Net Income from Continuing Ops | $911.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $911.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $911.0K |
| D&A | $890.3K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $68.1K |
| Operating Expenses | $5M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $107.1K |
| Interest Expense | $741.5K |
| Other Income/Expenses | -$503.3K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $681.4K |
| Net Income from Continuing Ops | $911.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $911.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $911.0K |
| D&A | $890.3K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $911.0K |
| Depreciation & Amortization | $890.3K |
| Stock-Based Compensation | $153.3K |
| Deferred Income Tax | $681.4K |
| Other Non-Cash Items | $419.5K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$443.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $127.9K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$315.5K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$168.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $149.5K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $3M |
| Goodwill | $57M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $779.3K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $73M |
| TOTAL ASSETS | $113M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $1.5K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | $15M |
| Treasury Stock | -$166.4K |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $113M |
| Total Debt | $34M |
| Net Debt | $19M |
