| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $15M | $17M | -20.4% | -26.8% |
| Op. Income | $3M | $5M | $4M | -43.8% | -34.3% |
| Gross Margin | 31.2% | 8.6% | 32.4% | 22.6pp | -1.2pp |
| Net Margin | 14.8% | 32.0% | 17.0% | -17.2pp | -2.2pp |
| EPS (Diluted) | $0.05 | $0.13 | $0.08 | -63.0% | -36.5% |
| Free Cash Flow | $2M | $426.0K | $9M | 288.3% | -82.1% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $155.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$646.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $92.0K |
| Other Income/Expenses | -$92.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $667.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $141.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $155.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$646.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $92.0K |
| Other Income/Expenses | -$92.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $667.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $141.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $141.0K |
| Stock-Based Compensation | $228.0K |
| Deferred Income Tax | $478.0K |
| Other Non-Cash Items | -$624.0K |
| Change in Working Capital | -$346.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$422.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$75.0K |
| NET CASH FROM FINANCING | -$497.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $490.0K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $4M |
| Goodwill | $7M |
| Intangible Assets | $4M |
| Long-Term Investments | $31M |
| Tax Assets | $9M |
| Other Non-Current Assets | $64.0K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $84M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $300.0K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $373.0K |
| Additional Paid-In Capital | $295M |
| Retained Earnings | -$231M |
| Treasury Stock | -$794.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63M |
| Minority Interest | $0 |
| TOTAL EQUITY | $63M |
| TOTAL LIABILITIES & EQUITY | $84M |
| Total Debt | $9M |
| Net Debt | -$6M |
