| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $15M | 35.7% | -43.7% |
| Op. Income | $2M | $746.8K | $10M | 127.7% | -82.6% |
| Gross Margin | 35.6% | 43.2% | 76.3% | -7.6pp | -40.6pp |
| Net Margin | 30.3% | 6.2% | 61.5% | 24.2pp | -31.2pp |
| EPS (Diluted) | $0.12 | $0.02 | $0.40 | 585.7% | -70.0% |
| Free Cash Flow | $1M | $2M | $6M | -32.7% | -79.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $364.5K |
| Interest Expense | $8.8K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $917.2K |
| 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 | $3M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $364.5K |
| Interest Expense | $8.8K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $917.2K |
| 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 | $3M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $219.1K |
| Deferred Income Tax | -$251.5K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $256.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$360.3K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $62.9K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $880.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $19M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $81M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $83M |
| TOTAL ASSETS | $124M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $755.1K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $118M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$38M |
| Treasury Stock | -$360.3K |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $124M |
| Total Debt | $563.4K |
| Net Debt | -$13M |
