| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $69M | $50M | 4.7% | 43.3% |
| Op. Income | $4M | $3M | $7M | 15.4% | -48.1% |
| Gross Margin | 30.8% | 31.1% | 48.3% | -0.4pp | -17.5pp |
| Net Margin | 5.7% | 4.9% | 12.6% | 0.8pp | -6.9pp |
| EPS (Diluted) | $0.48 | $0.39 | $0.68 | 23.1% | -29.4% |
| Free Cash Flow | $12M | $2M | $6M | 399.9% | 105.4% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $518.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $4M |
| Interest Income | $66M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$585.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $518.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $4M |
| Interest Income | $66M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$585.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $3M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $385.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$614.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$397.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$108M |
| NET CASH FROM INVESTING | -$110M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$720.0K |
| Common Dividends Paid | -$533.0K |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $406M |
| Short-Term Investments | $475M |
| Net Receivables | $955M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $73M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $720M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $734M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $185M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $207M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $720M |
| Net Debt | $314M |
