| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $33M | $26M | -10.4% | 13.3% |
| Op. Income | $4M | $3M | -$8M | 29.8% | 150.6% |
| Gross Margin | 48.5% | 42.7% | 22.7% | 5.8pp | 25.8pp |
| Net Margin | 15.1% | 9.9% | -31.1% | 5.3pp | 46.2pp |
| EPS (Diluted) | $0.33 | $0.24 | $-0.62 | 37.5% | 153.2% |
| Free Cash Flow | $7M | $2M | $2M | 249.9% | 185.6% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $14M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$97.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $4M |
| Interest Income | $168.0K |
| Interest Expense | $34.0K |
| Other Income/Expenses | $449.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $95.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $14M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$97.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $4M |
| Interest Income | $168.0K |
| Interest Expense | $34.0K |
| Other Income/Expenses | $449.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $95.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | $2.0K |
| Other Non-Cash Items | $477.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $383.0K |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$350.0K |
| NET CASH FROM FINANCING | -$350.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $15M |
| Net Receivables | $21M |
| Inventory | $18M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $46M |
| Goodwill | $736.0K |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $153M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$16.0K |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $16.0K |
| TOTAL NON-CURRENT LIABILITIES | $528.0K |
| TOTAL LIABILITIES | $20M |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $96M |
| Retained Earnings | $62M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $133M |
| Minority Interest | $0 |
| TOTAL EQUITY | $133M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $769.0K |
| Net Debt | -$18M |
