| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $93M | $83M | -1.1% | 10.1% |
| Op. Income | -$2M | -$2M | -$2M | 31.4% | 27.6% |
| Gross Margin | 83.1% | 83.7% | 81.0% | -0.6pp | 2.1pp |
| Net Margin | 5.1% | 3.3% | -1.6% | 1.9pp | 6.7pp |
| EPS (Diluted) | $0.12 | $0.07 | $-0.03 | 64.2% | 445.8% |
| Free Cash Flow | $26M | $23M | $9M | 13.5% | 190.7% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $76M |
| R&D Expenses | $22M |
| Selling & Marketing | $40M |
| General & Administrative | $16M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $93M |
| OPERATING INCOME | -$2M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $605.0K |
| 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 | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$127.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $39M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $157.6K |
| NET CASH FROM FINANCING | $500.2K |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $234M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $153M |
| TOTAL CURRENT ASSETS | $594M |
| PP&E (Net) | $11M |
| Goodwill | $77M |
| Intangible Assets | $11M |
| Long-Term Investments | $328M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $429M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $455M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $813.0K |
| TOTAL NON-CURRENT LIABILITIES | $462M |
| TOTAL LIABILITIES | $668M |
| Common Stock | $0 |
| Additional Paid-In Capital | $641M |
| Retained Earnings | -$284M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$714.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $356M |
| Minority Interest | $0 |
| TOTAL EQUITY | $356M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $462M |
| Net Debt | $279M |
