| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | — | $6M | — | 136.3% |
| Op. Income | $7M | — | -$700.9K | — | 1094.4% |
| Gross Margin | 67.6% | — | 36.2% | — | 31.4pp |
| Net Margin | 42.8% | — | -11.2% | — | 54.1pp |
| EPS (Diluted) | $0.23 | — | $-0.03 | — | 991.5% |
| Free Cash Flow | $2M | — | -$2M | — | 193.4% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $10M |
| R&D Expenses | $229.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $7M |
| Interest Income | $4.5K |
| Interest Expense | $79.9K |
| Other Income/Expenses | -$23.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $922.2K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $800.1K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $10M |
| R&D Expenses | $229.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $7M |
| Interest Income | $4.5K |
| Interest Expense | $79.9K |
| Other Income/Expenses | -$23.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $922.2K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $800.1K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $800.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $172.5K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$750.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$545.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$532.5K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $780.0K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $507.3K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $989.2K |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $447.5K |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $27M |
| Account Payables | $531.1K |
| Short-Term Debt | $2M |
| Deferred Revenue | $345.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $556.7K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $52 |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$235.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | -$140.5K |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $3M |
| Net Debt | -$7M |
