| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $10M | $6M | 24.0% | 109.7% |
| Op. Income | $1M | $1M | $2M | -10.2% | -35.0% |
| Gross Margin | 46.5% | 59.5% | 86.2% | -13.0pp | -39.7pp |
| Net Margin | 7.3% | 9.8% | 23.6% | -2.5pp | -16.3pp |
| EPS (Diluted) | $0.11 | $0.11 | $0.11 | 0.0% | 0.0% |
| Free Cash Flow | $1M | $3M | $827.0K | -53.2% | 69.3% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $168.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $1M |
| Interest Income | $12M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $319.0K |
| Net Income from Continuing Ops | $901.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $901.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $901.0K |
| D&A | $72.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $168.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $1M |
| Interest Income | $12M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $319.0K |
| Net Income from Continuing Ops | $901.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $901.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $901.0K |
| D&A | $72.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $901.0K |
| Depreciation & Amortization | $72.0K |
| Stock-Based Compensation | $139.0K |
| Deferred Income Tax | $46.0K |
| Other Non-Cash Items | $893.0K |
| Change in Working Capital | -$639.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$88M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $5M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.0B |
| Tax Assets | $5M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $774M |
| TOTAL CURRENT LIABILITIES | $774M |
| Long-Term Debt | $208M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $219M |
| TOTAL LIABILITIES | $994M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | $80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $237.0K |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $208M |
| Net Debt | $141M |
