| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $5M | 3.0% | 8.4% |
| Op. Income | -$5M | -$9M | -$9M | 50.0% | 47.8% |
| Gross Margin | 62.2% | 54.9% | 59.2% | 7.4pp | 3.0pp |
| Net Margin | -63.0% | -140.2% | -187.5% | 77.2pp | 124.5pp |
| EPS (Diluted) | $-0.07 | $-0.15 | $-1.11 | 53.7% | 93.7% |
| Free Cash Flow | -$3M | -$5M | -$5M | 43.4% | 42.5% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $3M |
| Selling & Marketing | -$7M |
| General & Administrative | $12M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$5M |
| Interest Income | $822.0K |
| Interest Expense | $100.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$146.0K |
| 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 | $710.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $710.0K |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$146.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $428.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | -$75.0K |
| Purchases of Investments | $19M |
| Sales/Maturities of Investments | $13.0K |
| Other Investing Activities | -$374.0K |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | -$176.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $135.0K |
| NET CASH FROM FINANCING | -$41.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $32M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $2M |
| Goodwill | $16M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $969.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $88M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $0 |
| Additional Paid-In Capital | $256M |
| Retained Earnings | -$184M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $1M |
| Net Debt | -$19M |
