| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $43M | $38M | -19.3% | -8.7% |
| Op. Income | $2M | $3M | -$162.9K | -24.8% | 1328.1% |
| Gross Margin | 42.3% | 35.3% | 37.2% | 7.0pp | 5.0pp |
| Net Margin | 7.6% | 6.9% | 3.2% | 0.7pp | 4.5pp |
| EPS (Diluted) | $1.05 | $1.17 | $0.96 | -10.0% | 9.1% |
| Free Cash Flow | $0 | $0 | -$15M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $15M |
| R&D Expenses | $3M |
| Selling & Marketing | -$17M |
| General & Administrative | $24M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $13M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $2M |
| Interest Income | $71.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $552.2K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $498.3K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $15M |
| R&D Expenses | $3M |
| Selling & Marketing | -$17M |
| General & Administrative | $24M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $13M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $2M |
| Interest Income | $71.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $552.2K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $498.3K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$233.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| 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 | $36M |
| Short-Term Investments | $1M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $89M |
| 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 | $138M |
| Account Payables | $19M |
| Short-Term Debt | $4M |
| Deferred Revenue | $607.4K |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $10.5K |
| Additional Paid-In Capital | $132M |
| Retained Earnings | -$67M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $768.9K |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $138M |
| Total Debt | $26M |
| Net Debt | -$11M |
