| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $48M | $41M | 2.6% | 18.5% |
| Op. Income | $15M | $15M | $19M | -1.3% | -19.1% |
| Gross Margin | 55.8% | 57.6% | 70.9% | -1.8pp | -15.1pp |
| Net Margin | 21.7% | 22.6% | 31.8% | -0.9pp | -10.1pp |
| EPS (Diluted) | $0.62 | $0.63 | $0.77 | -1.6% | -19.5% |
| Free Cash Flow | $139.0K | -$2M | $454.0K | 107.7% | -69.4% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $460.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $15M |
| Interest Income | $48M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $472.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $460.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $15M |
| Interest Income | $48M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $472.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $472.0K |
| Stock-Based Compensation | $299.0K |
| Deferred Income Tax | $6.0K |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $247.0K |
| Capital Expenditure | -$108.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$71M |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | $139.0K |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $105M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $296M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $228M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $221M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293M |
| Minority Interest | $0 |
| TOTAL EQUITY | $293M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $201M |
| Net Debt | $10M |
