| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $40M | $34M | -2.9% | 12.5% |
| Op. Income | $573.0K | $3M | $628.0K | -79.6% | -8.8% |
| Gross Margin | 87.3% | 88.0% | 88.1% | -0.7pp | -0.8pp |
| Net Margin | 1.2% | 5.9% | 3.8% | -4.7pp | -2.6pp |
| EPS (Diluted) | $0.01 | $0.05 | $0.03 | -80.0% | -63.0% |
| Free Cash Flow | -$5M | $3M | $5M | -274.3% | -194.1% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $34M |
| R&D Expenses | $5M |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $24M |
| Other Expenses | $4M |
| Operating Expenses | $33M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $573.0K |
| Interest Income | $0 |
| Interest Expense | $798.0K |
| Other Income/Expenses | -$627.0K |
| INCOME BEFORE TAX | -$54.0K |
| Income Tax Expense | -$514.0K |
| Net Income from Continuing Ops | $460.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $460.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $460.0K |
| D&A | $4M |
| EBIT | $744.0K |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $460.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$788.0K |
| Other Non-Cash Items | -$135.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $11.0K |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $28M |
| Goodwill | $128M |
| Intangible Assets | $24M |
| Long-Term Investments | $6M |
| Tax Assets | $5M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $233M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $58M |
| Other Current Liabilities | $280.0K |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $46M |
| Deferred Revenue NC | $765.0K |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $132M |
| Common Stock | $790.0K |
| Additional Paid-In Capital | $254M |
| Retained Earnings | $29M |
| Treasury Stock | -$183M |
| Accum. Other Comp. Income | -$331.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $54M |
| Net Debt | $49M |
