| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $12M | 5.6% | 30.2% |
| Op. Income | $832.0K | $1M | $1M | -21.1% | -31.8% |
| Gross Margin | 37.9% | 40.2% | 46.5% | -2.3pp | -8.6pp |
| Net Margin | 3.9% | 5.2% | 7.3% | -1.3pp | -3.4pp |
| EPS (Diluted) | $0.07 | $0.09 | $0.11 | -20.8% | -32.6% |
| Free Cash Flow | -$449.0K | $3M | $1M | -117.7% | -132.1% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $131.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $832.0K |
| Interest Income | $16M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $832.0K |
| Income Tax Expense | $211.0K |
| Net Income from Continuing Ops | $621.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $621.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $621.0K |
| D&A | $75.0K |
| EBIT | $832.0K |
| EBITDA | $907.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $131.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $832.0K |
| Interest Income | $16M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $832.0K |
| Income Tax Expense | $211.0K |
| Net Income from Continuing Ops | $621.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $621.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $621.0K |
| D&A | $75.0K |
| EBIT | $832.0K |
| EBITDA | $907.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $621.0K |
| Depreciation & Amortization | $75.0K |
| Stock-Based Compensation | $443.0K |
| Deferred Income Tax | $174.0K |
| Other Non-Cash Items | $157.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$429.0K |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$629.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$449.0K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $3M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $4M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $902M |
| TOTAL CURRENT LIABILITIES | $902M |
| Long-Term Debt | $224M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $87M |
| Retained Earnings | $84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $582.0K |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $224M |
| Net Debt | $112M |
