| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $19M | $18M | 4.1% | 6.6% |
| Op. Income | $616.9K | $257.0K | -$801.0K | 140.0% | 177.0% |
| Gross Margin | 17.8% | 17.9% | 12.7% | -0.1pp | 5.1pp |
| Net Margin | 1.8% | 0.9% | -2.9% | 0.9pp | 4.7pp |
| EPS (Diluted) | $0.06 | $0.03 | $-0.09 | 108.5% | 166.0% |
| Free Cash Flow | $5M | -$283.1K | $3M | 1722.8% | 76.6% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $616.9K |
| Interest Income | $7 |
| Interest Expense | $117.5K |
| Other Income/Expenses | -$123.5K |
| INCOME BEFORE TAX | $493.4K |
| Income Tax Expense | $142.3K |
| Net Income from Continuing Ops | $351.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $351.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $351.0K |
| D&A | $236.8K |
| EBIT | $610.9K |
| EBITDA | $847.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $616.9K |
| Interest Income | $7 |
| Interest Expense | $117.5K |
| Other Income/Expenses | -$123.5K |
| INCOME BEFORE TAX | $493.4K |
| Income Tax Expense | $142.3K |
| Net Income from Continuing Ops | $351.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $351.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $351.0K |
| D&A | $236.8K |
| EBIT | $610.9K |
| EBITDA | $847.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $351.0K |
| Depreciation & Amortization | $236.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $87.4K |
| Other Non-Cash Items | $188.9K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $5M |
| 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 | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$326.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $17M |
| Other Current Assets | $493.5K |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $504.1K |
| Long-Term Investments | $33.7K |
| Tax Assets | $1M |
| Other Non-Current Assets | $136.2K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $38M |
| Account Payables | $4M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $2.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $127.2K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $6.6K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $10M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | -$244.5K |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $8M |
| Net Debt | $5M |
