| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $5M | -27.1% | -30.6% |
| Op. Income | -$324.3K | $862.6K | $1M | -137.6% | -128.6% |
| Gross Margin | 64.2% | 68.8% | 66.9% | -4.6pp | -2.7pp |
| Net Margin | -9.0% | 21.2% | 13.7% | -30.2pp | -22.7pp |
| EPS (Diluted) | $-0.03 | $0.09 | $0.06 | -131.4% | -144.7% |
| Free Cash Flow | -$615.8K | $1M | $1M | -145.3% | -156.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $557.8K |
| Selling & Marketing | $67.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$324.3K |
| Interest Income | $642.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $278.0K |
| INCOME BEFORE TAX | -$46.3K |
| Income Tax Expense | $274.7K |
| Net Income from Continuing Ops | -$321.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$321.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$321.0K |
| D&A | $146.0K |
| EBIT | -$46.3K |
| EBITDA | $99.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$321.0K |
| Depreciation & Amortization | $146.0K |
| Stock-Based Compensation | $156.4K |
| Deferred Income Tax | -$78.3K |
| Other Non-Cash Items | -$233.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $609.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $577.9K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $18.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18.0K |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$615.8K |
| Net Change in Cash | -$441.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $12M |
| Other Current Assets | $235.4K |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $7M |
| Goodwill | $3M |
| Intangible Assets | $486.6K |
| Long-Term Investments | $0 |
| Tax Assets | $211.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $52M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $975.5K |
| Other Current Liabilities | $85.2K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $133.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $133.4K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $11.1K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$11M |
| Treasury Stock | -$46.3K |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $0 |
| Net Debt | -$24M |
