| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $7M | $6M | 22.0% | 54.3% |
| Op. Income | $9M | $15M | $7M | -41.3% | 24.5% |
| Gross Margin | 89.9% | 74.2% | 89.2% | 15.7pp | 0.6pp |
| Net Margin | 88.7% | 202.2% | 116.0% | -113.5pp | -27.3pp |
| EPS (Diluted) | $0.69 | $1.49 | $0.81 | -53.7% | -14.8% |
| Free Cash Flow | $4M | $2M | $3M | 110.1% | 52.3% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $861.9K |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $1M |
| Operating Expenses | $323.5K |
| Cost & Expenses | -$336.1K |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | -$7M |
| EBIT | $9M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $861.9K |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $1M |
| Operating Expenses | $323.5K |
| Cost & Expenses | -$336.1K |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | -$7M |
| EBIT | $9M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$915.5K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $721 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $943.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $944.1K |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $55.4K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $235M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $235M |
| TOTAL ASSETS | $244M |
| Account Payables | $28.0K |
| Short-Term Debt | $28.0K |
| Deferred Revenue | $14M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $84M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$14M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $86M |
| Common Stock | $191M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $434.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $244M |
| Total Debt | $84M |
| Net Debt | $83M |
