| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $9M | -6.7% | -14.6% |
| Op. Income | $1M | $2M | $3M | -17.4% | -57.7% |
| Gross Margin | 41.1% | 35.6% | 59.1% | 5.5pp | -17.9pp |
| Net Margin | 18.9% | 30.3% | 37.7% | -11.4pp | -18.9pp |
| EPS (Diluted) | $0.07 | $0.12 | $0.15 | -42.9% | -54.3% |
| Free Cash Flow | -$17M | $1M | $7M | -1530.3% | -345.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Interest Income | $266.3K |
| Interest Expense | $8.8K |
| Other Income/Expenses | $156.3K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $54.0K |
| 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 | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Interest Income | $266.3K |
| Interest Expense | $8.8K |
| Other Income/Expenses | $156.3K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $54.0K |
| 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 | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $321.6K |
| Deferred Income Tax | -$23.0K |
| Other Non-Cash Items | $371.2K |
| Change in Working Capital | -$865.6K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $12M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $102M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $900.0K |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $125M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $117M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$38M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $125M |
| Total Debt | $541.4K |
| Net Debt | -$2M |
