| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $28M | — | 1.8% | — |
| Op. Income | -$653.1K | $1M | — | -151.0% | — |
| Gross Margin | 91.3% | 90.7% | — | 0.6pp | — |
| Net Margin | 8.2% | 2.0% | — | 6.3pp | — |
| EPS (Diluted) | $0.16 | $0.04 | — | 333.6% | — |
| Free Cash Flow | $5M | $4M | — | 34.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $20M |
| SG&A Expenses | $24M |
| Other Expenses | $2M |
| Operating Expenses | $26M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$653.1K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $841.9K |
| 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 | $2M |
| EBIT | -$587.6K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $266.2K |
| Deferred Income Tax | $733.4K |
| Other Non-Cash Items | -$7.6K |
| Change in Working Capital | $491.4K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$6.0K |
| Common Stock Repurchased | -$2.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $129.8K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $40M |
| Goodwill | $8M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $74M |
| TOTAL ASSETS | $98M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27.2K |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $14.7K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$10M |
| Treasury Stock | -$859.3K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $25.0K |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $98M |
| Total Debt | $28M |
| Net Debt | $13M |
