| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $26M | $19M | -2.2% | 33.4% |
| Op. Income | $2M | $3M | $4M | -17.3% | -40.6% |
| Gross Margin | 60.0% | 63.2% | 79.7% | -3.2pp | -19.7pp |
| Net Margin | 9.5% | 9.0% | 16.9% | 0.5pp | -7.4pp |
| EPS (Diluted) | $0.68 | $0.66 | $0.92 | 3.0% | -26.1% |
| Free Cash Flow | -$6M | $14M | $9M | -141.2% | -167.4% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $291.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $13M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $2M |
| Interest Income | $22M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$99.0K |
| 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 | $257.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $291.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $13M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $2M |
| Interest Income | $22M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$99.0K |
| 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 | $257.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $257.0K |
| Stock-Based Compensation | $310.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | $56.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$82M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $137M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $250M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $153.0K |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $191M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $9M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $103M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $194M |
| Net Debt | $82M |
