| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $25M | $25M | -1.9% | -2.4% |
| Op. Income | $1M | $2M | -$670.0K | -39.9% | 311.3% |
| Gross Margin | 71.7% | 72.9% | 74.6% | -1.1pp | -2.9pp |
| Net Margin | 10.7% | 10.6% | -0.1% | 0.2pp | 10.8pp |
| EPS (Diluted) | $0.08 | $0.08 | $-0.00 | 0.9% | 16260.0% |
| Free Cash Flow | $8M | -$5M | $640.0K | 278.8% | 1165.5% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $1M |
| Interest Income | $949.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $379.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $401.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $1M |
| Interest Income | $949.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $379.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $401.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $401.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$45.0K |
| Other Non-Cash Items | $390.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$32.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$32.0K |
| Net Debt Issuance | $33.0K |
| Common Stock Repurchased | -$517.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4.0K |
| NET CASH FROM FINANCING | -$480.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $103M |
| PP&E (Net) | $3M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $123M |
| Account Payables | $853.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $42M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $833.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $402M |
| Retained Earnings | -$329M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$64.0K |
| TOTAL STOCKHOLDERS' EQUITY | $64M |
| Minority Interest | $0 |
| TOTAL EQUITY | $64M |
| TOTAL LIABILITIES & EQUITY | $123M |
| Total Debt | $2M |
| Net Debt | -$78M |
