| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $10M | — | -27.7% |
| Op. Income | $235.4K | — | $1M | — | -83.3% |
| Gross Margin | 31.1% | — | 35.4% | — | -4.3pp |
| Net Margin | 1.0% | — | 10.9% | — | -9.9pp |
| EPS (Diluted) | $0.01 | — | $0.09 | — | -93.8% |
| Free Cash Flow | $21.3K | — | -$11M | — | 100.2% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $319.3K |
| Selling & Marketing | $320.6K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $235.4K |
| Interest Income | $0 |
| Interest Expense | $315.9K |
| Other Income/Expenses | -$164.9K |
| INCOME BEFORE TAX | $70.5K |
| Income Tax Expense | $2.1K |
| Net Income from Continuing Ops | $68.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68.4K |
| D&A | $463.7K |
| EBIT | $235.4K |
| EBITDA | $699.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $319.3K |
| Selling & Marketing | $320.6K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $235.4K |
| Interest Income | $0 |
| Interest Expense | $315.9K |
| Other Income/Expenses | -$164.9K |
| INCOME BEFORE TAX | $70.5K |
| Income Tax Expense | $2.1K |
| Net Income from Continuing Ops | $68.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68.4K |
| D&A | $463.7K |
| EBIT | $235.4K |
| EBITDA | $699.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $68.4K |
| Depreciation & Amortization | $514.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$25.1K |
| Other Non-Cash Items | -$7.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$24.5K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$626.7K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $41.0K |
| NET CASH FROM FINANCING | $747.4K |
| FREE CASH FLOW | $21.3K |
| Net Change in Cash | -$51.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $775.7K |
| Short-Term Investments | $40.0K |
| Net Receivables | $7M |
| Inventory | $2M |
| Other Current Assets | $28.5K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | -$5M |
| Tax Assets | $10.3K |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $32M |
| Account Payables | $1M |
| Short-Term Debt | $6M |
| Deferred Revenue | $178.1K |
| Other Current Liabilities | $228.2K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $1.2K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$536.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $9M |
| Net Debt | $8M |
