| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $49M | $41M | 4.3% | 24.0% |
| Op. Income | $4M | $1M | -$376.0K | 291.8% | 1224.2% |
| Gross Margin | 80.7% | 81.2% | 80.6% | -0.5pp | 0.1pp |
| Net Margin | 10.1% | 6.5% | 3.0% | 3.5pp | 7.1pp |
| EPS (Diluted) | $0.17 | $0.10 | $0.04 | 70.0% | 365.8% |
| Free Cash Flow | $8M | $6M | -$2M | 32.1% | 459.4% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $41M |
| R&D Expenses | $10M |
| Selling & Marketing | $16M |
| General & Administrative | $10M |
| SG&A Expenses | $27M |
| Other Expenses | $318.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $4M |
| Interest Income | $596.0K |
| Interest Expense | $51.0K |
| Other Income/Expenses | $546.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$396.0K |
| 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 | $818.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $41M |
| R&D Expenses | $10M |
| Selling & Marketing | $16M |
| General & Administrative | $10M |
| SG&A Expenses | $27M |
| Other Expenses | $318.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $4M |
| Interest Income | $596.0K |
| Interest Expense | $51.0K |
| Other Income/Expenses | $546.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$396.0K |
| 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 | $818.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $818.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$396.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$203.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$203.0K |
| Net Debt Issuance | -$454.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $975.0K |
| NET CASH FROM FINANCING | $521.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $81.0K |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $4M |
| Goodwill | $14M |
| Intangible Assets | $2M |
| Long-Term Investments | $24.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $173M |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $77M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $442.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $113M |
| Common Stock | $249M |
| Additional Paid-In Capital | $17M |
| Retained Earnings | -$200M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $173M |
| Total Debt | $2M |
| Net Debt | -$78M |
