| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $46M | $39M | 3.7% | 23.8% |
| Op. Income | $15M | $16M | $19M | -4.1% | -19.3% |
| Gross Margin | 57.6% | 59.5% | 75.4% | -2.0pp | -17.8pp |
| Net Margin | 22.6% | 23.9% | 34.4% | -1.4pp | -11.8pp |
| EPS (Diluted) | $0.63 | $0.64 | $0.77 | -1.6% | -18.2% |
| Free Cash Flow | -$2M | $15M | $18M | -112.3% | -109.9% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $717.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $15M |
| Interest Income | $46M |
| Interest Expense | $20M |
| 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 | $385.0K |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $717.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $15M |
| Interest Income | $46M |
| Interest Expense | $20M |
| 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 | $385.0K |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $385.0K |
| Stock-Based Compensation | $239.0K |
| Deferred Income Tax | -$976.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$183.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$73M |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $71M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $327M |
| Short-Term Investments | $108M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $458M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $244M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $280M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $221M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $286M |
| Minority Interest | $0 |
| TOTAL EQUITY | $286M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $249M |
| Net Debt | -$78M |
