| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $24M | — | -22.8% | — |
| Op. Income | -$1M | $3M | — | -141.0% | — |
| Gross Margin | 77.3% | 83.1% | — | -5.8pp | — |
| Net Margin | -6.3% | 9.9% | — | -16.2pp | — |
| EPS (Diluted) | $-0.07 | $0.14 | — | -149.3% | — |
| Free Cash Flow | $7M | $8M | — | -10.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $468.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $3M |
| Operating Expenses | $16M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$1M |
| Interest Income | $15M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$29.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $861.0K |
| EBIT | -$1M |
| EBITDA | -$350.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $861.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$372.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$477.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $80M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $175M |
| PP&E (Net) | $51M |
| Goodwill | $6M |
| Intangible Assets | $2M |
| Long-Term Investments | $682M |
| Tax Assets | $0 |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $950M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $524.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $769M |
| TOTAL CURRENT LIABILITIES | $770M |
| Long-Term Debt | $172M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $198M |
| TOTAL LIABILITIES | $968M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $172M |
| Net Debt | $85M |
