| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $5M | $6M | 47.5% | 30.7% |
| Op. Income | $767.5K | $262.7K | $846.4K | 192.2% | -9.3% |
| Gross Margin | 34.7% | 32.8% | 42.5% | 1.9pp | -7.8pp |
| Net Margin | 5.6% | 0.7% | 9.6% | 5.0pp | -4.0pp |
| EPS (Diluted) | $2.00 | $0.14 | $2.60 | 1328.6% | -23.1% |
| Free Cash Flow | $430.0K | $293.3K | $521.1K | 46.6% | -17.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $872.1K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $767.5K |
| Interest Income | $0 |
| Interest Expense | $32.6K |
| Other Income/Expenses | -$43.7K |
| INCOME BEFORE TAX | $723.8K |
| Income Tax Expense | $283.4K |
| Net Income from Continuing Ops | $440.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440.4K |
| D&A | $549.1K |
| EBIT | $756.5K |
| EBITDA | $1M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $872.1K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $767.5K |
| Interest Income | $0 |
| Interest Expense | $32.6K |
| Other Income/Expenses | -$43.7K |
| INCOME BEFORE TAX | $723.8K |
| Income Tax Expense | $283.4K |
| Net Income from Continuing Ops | $440.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $440.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $440.4K |
| D&A | $549.1K |
| EBIT | $756.5K |
| EBITDA | $1M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $440.4K |
| Depreciation & Amortization | $549.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $208.8K |
| Other Non-Cash Items | $153.6K |
| Change in Working Capital | -$532.0K |
| OPERATING CASH FLOW | $820.0K |
| Capital Expenditure | -$390.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$390.1K |
| Net Debt Issuance | -$188.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$56.0K |
| NET CASH FROM FINANCING | -$108.4K |
| FREE CASH FLOW | $430.0K |
| Net Change in Cash | $321.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $680.5K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2.3K |
| Other Non-Current Assets | $553.6K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $20M |
| Account Payables | $423.0K |
| Short-Term Debt | $659.8K |
| Deferred Revenue | $22.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $289.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $13M |
| Net Debt | $12M |
