| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $28M | $24M | -33.6% | -23.4% |
| Op. Income | -$7M | $5M | $6M | -225.9% | -211.1% |
| Gross Margin | 24.3% | 52.0% | 66.0% | -27.7pp | -41.7pp |
| Net Margin | -27.4% | 14.5% | 20.3% | -41.9pp | -47.8pp |
| EPS (Diluted) | $-0.28 | $0.22 | $0.27 | -227.3% | -203.7% |
| Free Cash Flow | $4M | $6M | $8M | -28.3% | -47.4% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $197.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$7M |
| Interest Income | $26M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $132.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $132.0K |
| Stock-Based Compensation | $234.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$79.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | $112M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | -$12.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$151M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $482.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $172M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $246M |
| PP&E (Net) | $9M |
| Goodwill | $7M |
| Intangible Assets | $428.0K |
| Long-Term Investments | $1.8B |
| Tax Assets | $15M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $2M |
| Short-Term Debt | $85M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $602.0K |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $178.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $114M |
| Net Debt | $53M |
