| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $17M | $17M | 4.3% | 2.9% |
| Op. Income | -$1M | $4M | $6M | -130.4% | -119.8% |
| Gross Margin | 42.1% | 76.5% | 83.0% | -34.4pp | -40.9pp |
| Net Margin | -4.7% | 18.1% | 27.3% | -22.8pp | -32.1pp |
| EPS (Diluted) | $-0.14 | $0.50 | $0.76 | -128.0% | -118.4% |
| Free Cash Flow | $4M | $3M | $9M | 20.2% | -58.3% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $190.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$1M |
| Interest Income | $15M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$321.0K |
| Net Income from Continuing Ops | -$851.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$851.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$851.0K |
| D&A | $407.0K |
| EBIT | -$1M |
| EBITDA | -$765.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$851.0K |
| Depreciation & Amortization | $409.0K |
| Stock-Based Compensation | $72.0K |
| Deferred Income Tax | -$722.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $325.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1.0K |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$897.0K |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $153M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $22M |
| Goodwill | $3M |
| Intangible Assets | $117.0K |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $8M |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $64M |
| Net Debt | -$23M |
