| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $26M | $22M | -12.3% | 5.5% |
| Op. Income | $2M | $6M | $9M | -64.4% | -76.5% |
| Gross Margin | 63.1% | 71.6% | 93.3% | -8.4pp | -30.2pp |
| Net Margin | 7.7% | 17.3% | 32.2% | -9.6pp | -24.5pp |
| EPS (Diluted) | $0.26 | $0.67 | $1.04 | -61.2% | -75.0% |
| Free Cash Flow | $6M | $9M | $7M | -34.2% | -19.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $288.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $2M |
| Interest Income | $22M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $317.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $288.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $2M |
| Interest Income | $22M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $317.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $104.0K |
| Deferred Income Tax | -$792.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $261.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $97M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $33M |
| Goodwill | $11M |
| Intangible Assets | $1M |
| Long-Term Investments | $1.6B |
| Tax Assets | $11M |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $612.0K |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $111M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $66.0K |
| Additional Paid-In Capital | $24M |
| Retained Earnings | $174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $162M |
| Minority Interest | $0 |
| TOTAL EQUITY | $162M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $158M |
| Net Debt | $108M |
