| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $64M | $68M | -1.9% | -7.6% |
| Op. Income | $2M | $10M | $4M | -77.2% | -48.4% |
| Gross Margin | 62.0% | 59.0% | 41.4% | 3.0pp | 20.6pp |
| Net Margin | 4.3% | 12.0% | 6.0% | -7.7pp | -1.7pp |
| EPS (Diluted) | $0.58 | $2.34 | $1.08 | -75.0% | -45.9% |
| Free Cash Flow | $0 | $0 | -$19M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $39M |
| R&D Expenses | $261.8K |
| Selling & Marketing | $21M |
| General & Administrative | $10M |
| SG&A Expenses | $30M |
| Other Expenses | $6M |
| Operating Expenses | $37M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $2M |
| Interest Income | $65M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$439.1K |
| 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 | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $39M |
| R&D Expenses | $261.8K |
| Selling & Marketing | $21M |
| General & Administrative | $10M |
| SG&A Expenses | $30M |
| Other Expenses | $6M |
| Operating Expenses | $37M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $2M |
| Interest Income | $65M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$439.1K |
| 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 | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| 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 | $373M |
| Short-Term Investments | $21M |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $518M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $440.5K |
| Long-Term Investments | $1.7B |
| Tax Assets | $13M |
| Other Non-Current Assets | $128M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $473M |
| TOTAL NON-CURRENT LIABILITIES | $759M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $134.0K |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $454M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $586M |
| Minority Interest | $0 |
| TOTAL EQUITY | $586M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.3B |
| Net Debt | $936M |
