| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $23M | $24M | 7.0% | 4.8% |
| Op. Income | $2M | -$512.0K | -$2M | 560.5% | 236.9% |
| Gross Margin | 72.9% | 67.0% | 71.9% | 5.9pp | 0.9pp |
| Net Margin | 10.6% | -1.6% | -6.6% | 12.2pp | 17.2pp |
| EPS (Diluted) | $0.08 | $-0.01 | $-0.05 | 790.5% | 264.5% |
| Free Cash Flow | -$5M | $980.0K | $2M | -562.1% | -307.0% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $18M |
| R&D Expenses | $7M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $2M |
| Interest Income | $768.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $314.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $71.0K |
| 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 | $412.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $18M |
| R&D Expenses | $7M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $2M |
| Interest Income | $768.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $314.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $71.0K |
| 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 | $412.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $412.0K |
| Stock-Based Compensation | $963.0K |
| Deferred Income Tax | -$221.0K |
| Other Non-Cash Items | $456.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$70.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$70.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $576.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $3M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $130M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $48M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $836.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $401M |
| Retained Earnings | -$331M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$97.0K |
| TOTAL STOCKHOLDERS' EQUITY | $62M |
| Minority Interest | $0 |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $130M |
| Total Debt | $3M |
| Net Debt | -$71M |
