| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $9M | 12.6% | 1.0% |
| Op. Income | -$2M | -$3M | -$1M | 17.1% | -55.4% |
| Gross Margin | 46.9% | 40.7% | 34.7% | 6.3pp | 12.2pp |
| Net Margin | -17.2% | -25.1% | -10.4% | 7.9pp | -6.7pp |
| EPS (Diluted) | $-0.09 | $-0.13 | $-0.03 | 28.2% | -241.8% |
| Free Cash Flow | $607.0K | -$2M | $4M | 128.4% | -84.1% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $4M |
| R&D Expenses | $98.3K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $190.6K |
| Operating Expenses | $6M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$2M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $655.7K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$6.1K |
| 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 | $138.9K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $138.9K |
| Stock-Based Compensation | $308.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26.2K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $847.6K |
| Capital Expenditure | -$240.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $432.2K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$37.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9.9K |
| NET CASH FROM FINANCING | -$27.9K |
| FREE CASH FLOW | $607.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $17M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $26.3K |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $205.4K |
| Goodwill | $5M |
| Intangible Assets | $4M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $79M |
| Account Payables | $2M |
| Short-Term Debt | $59.4K |
| Deferred Revenue | $9M |
| Other Current Liabilities | $114.4K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $63.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $394.6K |
| Other Non-Current Liabilities | $60.6K |
| TOTAL NON-CURRENT LIABILITIES | $518.7K |
| TOTAL LIABILITIES | $14M |
| Common Stock | $1.7K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | -$85M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$250.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65M |
| Minority Interest | $0 |
| TOTAL EQUITY | $65M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $122.8K |
| Net Debt | -$37M |
