| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $37M | $40M | -0.4% | -6.2% |
| Op. Income | $4M | $2M | $3M | 56.3% | 24.7% |
| Gross Margin | 86.7% | 86.7% | 88.0% | 0.0pp | -1.3pp |
| Net Margin | 5.8% | 2.7% | 5.9% | 3.1pp | -0.2pp |
| EPS (Diluted) | $0.05 | $0.02 | $0.05 | 111.4% | -5.3% |
| Free Cash Flow | $2M | -$120.0K | $3M | 2064.2% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $4M |
| Selling & Marketing | $13M |
| General & Administrative | $7M |
| SG&A Expenses | $20M |
| Other Expenses | $4M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $866.0K |
| Other Income/Expenses | -$792.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $563.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $4M |
| Selling & Marketing | $13M |
| General & Administrative | $7M |
| SG&A Expenses | $20M |
| Other Expenses | $4M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $866.0K |
| Other Income/Expenses | -$792.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $563.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$247.0K |
| Other Non-Cash Items | -$38.0K |
| Change in Working Capital | -$775.0K |
| OPERATING CASH FLOW | $8M |
| 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 | -$2M |
| Common Stock Repurchased | -$26.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $151.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $482.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $30M |
| Goodwill | $128M |
| Intangible Assets | $24M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $194M |
| TOTAL ASSETS | $225M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $38M |
| Deferred Revenue NC | $508.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $118M |
| Common Stock | $789.0K |
| Additional Paid-In Capital | $262M |
| Retained Earnings | $32M |
| Treasury Stock | -$187M |
| Accum. Other Comp. Income | -$83.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $225M |
| Total Debt | $47M |
| Net Debt | $42M |
