| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $4M | -6.5% | -6.8% |
| Op. Income | $140.0K | $538.0K | $994.0K | -74.0% | -85.9% |
| Gross Margin | 81.2% | 91.6% | 94.9% | -10.5pp | -13.8pp |
| Net Margin | 4.9% | 15.1% | 22.6% | -10.2pp | -17.7pp |
| EPS (Diluted) | $0.06 | $0.19 | $0.29 | -69.5% | -80.0% |
| Free Cash Flow | $547.0K | $124.0K | $1M | 341.1% | -55.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $644.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $25.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $545.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $140.0K |
| Interest Income | $3M |
| Interest Expense | $545.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $140.0K |
| Income Tax Expense | -$27.0K |
| Net Income from Continuing Ops | $167.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167.0K |
| D&A | $0 |
| EBIT | $140.0K |
| EBITDA | $140.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $644.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $25.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $545.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $140.0K |
| Interest Income | $3M |
| Interest Expense | $545.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $140.0K |
| Income Tax Expense | -$27.0K |
| Net Income from Continuing Ops | $167.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $167.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167.0K |
| D&A | $0 |
| EBIT | $140.0K |
| EBITDA | $140.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $167.0K |
| Depreciation & Amortization | -$1.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $42.0K |
| Change in Working Capital | $363.0K |
| OPERATING CASH FLOW | $571.0K |
| Capital Expenditure | -$24.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$288.0K |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $547.0K |
| Net Change in Cash | $719.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $126M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $174M |
| Tax Assets | $8M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $352M |
| Account Payables | $0 |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $300M |
| TOTAL CURRENT LIABILITIES | $330M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $332M |
| Common Stock | $3M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $30M |
| Net Debt | $15M |
