| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $16M | $14M | -5.5% | 1.9% |
| Op. Income | -$5M | -$24M | -$15M | 80.1% | 69.0% |
| Gross Margin | 45.0% | 45.7% | 9.4% | -0.6pp | 35.6pp |
| Net Margin | -31.5% | -170.0% | -100.3% | 138.4pp | 68.8pp |
| EPS (Diluted) | $-0.09 | $-0.50 | $-0.28 | 82.4% | 68.6% |
| Free Cash Flow | -$3M | -$3M | -$9M | 15.9% | 71.0% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $6M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$5M |
| Interest Income | $416.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $133.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $27.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $5M |
| EBIT | -$5M |
| EBITDA | $560.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $413.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $640.0K |
| OPERATING CASH FLOW | -$3M |
| 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 | -$123.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76.0K |
| NET CASH FROM FINANCING | -$47.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $358.0K |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $101M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $407.0K |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $695.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $363M |
| Retained Earnings | -$290M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $101M |
| Total Debt | $4M |
| Net Debt | -$33M |
