| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $7M | 3.2% | 28.6% |
| Op. Income | -$11M | -$11M | -$13M | 1.3% | 17.3% |
| Gross Margin | 58.4% | 58.1% | 67.8% | 0.4pp | -9.4pp |
| Net Margin | -113.9% | -119.2% | -172.5% | 5.3pp | 58.6pp |
| EPS (Diluted) | $-0.52 | $-0.53 | $-0.62 | 1.9% | 16.1% |
| Free Cash Flow | -$6M | -$373.0K | -$8M | -1388.7% | 28.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $6M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | -$140.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$11M |
| Interest Income | $2M |
| Interest Expense | $449.0K |
| Other Income/Expenses | $582.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $139.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $289.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$237.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $968.0K |
| Other Investing Activities | -$131.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$3.0K |
| Common Stock Repurchased | -$688.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$691.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $6M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $6M |
| Goodwill | $9M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $786.0K |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $81M |
| Account Payables | $6M |
| Short-Term Debt | $582.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $106.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $376M |
| Retained Earnings | -$312M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | $0 |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $7M |
| Net Debt | -$15M |
