| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $7M | — | -32.6% |
| Op. Income | -$417.7K | — | $1M | — | -135.5% |
| Gross Margin | 10.9% | — | 36.6% | — | -25.7pp |
| Net Margin | -68.2% | — | -11.5% | — | -56.7pp |
| EPS (Diluted) | $-0.06 | — | $-0.02 | — | -206.3% |
| Free Cash Flow | -$2M | — | $726.4K | — | -420.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $481.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $898.6K |
| Other Expenses | $0 |
| Operating Expenses | $898.6K |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$417.7K |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$518.3K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$34.0K |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | -$34.0K |
| EBIT | -$325.2K |
| EBITDA | -$325.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $574.2K |
| Other Non-Cash Items | $111.6K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $256.1K |
| NET CASH FROM FINANCING | $256.1K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$308.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $620.9K |
| Short-Term Investments | $0 |
| Net Receivables | $97.4K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $84M |
| Goodwill | $951.0K |
| Intangible Assets | $933.6K |
| Long-Term Investments | $0 |
| Tax Assets | $105.3K |
| Other Non-Current Assets | $152.4K |
| TOTAL NON-CURRENT ASSETS | $86M |
| TOTAL ASSETS | $88M |
| Account Payables | $1M |
| Short-Term Debt | $63M |
| Deferred Revenue | $968.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $252.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $126.1K |
| Other Non-Current Liabilities | $29.1K |
| TOTAL NON-CURRENT LIABILITIES | $433.5K |
| TOTAL LIABILITIES | $70M |
| Common Stock | $0 |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $136.2K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$94.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | -$16.0K |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $63M |
| Net Debt | $63M |
