| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $22M | $12M | -25.8% | 30.0% |
| Op. Income | $623.0K | $3M | -$716.0K | -81.8% | 187.0% |
| Gross Margin | 16.2% | 29.3% | 9.9% | -13.0pp | 6.4pp |
| Net Margin | 78.9% | -30.1% | 144.9% | 109.0pp | -66.0pp |
| EPS (Diluted) | $9.16 | $-4.71 | $12.95 | 294.5% | -29.3% |
| Free Cash Flow | -$1M | $7M | $2M | -117.3% | -149.4% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $243.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $574.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $623.0K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $66.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $243.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $574.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $623.0K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $66.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $66.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $318M |
| Net Receivables | $13M |
| Inventory | $58.0K |
| Other Current Assets | $411.0K |
| TOTAL CURRENT ASSETS | $348M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $379.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $357M |
| Account Payables | $6M |
| Short-Term Debt | $160.0K |
| Deferred Revenue | $23M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $71M |
| Deferred Revenue NC | $714.0K |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $144M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $211M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $213M |
| Minority Interest | $0 |
| TOTAL EQUITY | $213M |
| TOTAL LIABILITIES & EQUITY | $357M |
| Total Debt | $71M |
| Net Debt | $55M |
