| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $34M | $44M | 31.5% | 3.8% |
| Op. Income | $1M | $2M | $2M | -35.0% | -18.7% |
| Gross Margin | 29.0% | 42.3% | 39.8% | -13.2pp | -10.8pp |
| Net Margin | 2.2% | 7.6% | 6.0% | -5.4pp | -3.8pp |
| EPS (Diluted) | $0.58 | $1.05 | $1.49 | -44.4% | -60.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $13M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $1M |
| Interest Income | $178.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$30.8K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $498.3K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $13M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $1M |
| Interest Income | $178.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$30.8K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $498.3K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $373.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $774.9K |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $25M |
| Goodwill | $67.4K |
| Intangible Assets | $7M |
| Long-Term Investments | $11M |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $147M |
| Account Payables | $26M |
| Short-Term Debt | $4M |
| Deferred Revenue | $375.5K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | -$66M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $1M |
| TOTAL EQUITY | $61M |
| TOTAL LIABILITIES & EQUITY | $147M |
| Total Debt | $26M |
| Net Debt | -$15M |
