| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $31M | $28M | -60.2% | -56.9% |
| Op. Income | -$426.6K | -$147.4K | -$653.1K | -189.5% | 34.7% |
| Gross Margin | 77.8% | 90.6% | 91.3% | -12.8pp | -13.5pp |
| Net Margin | 7.8% | -36.1% | 8.2% | 43.8pp | -0.4pp |
| EPS (Diluted) | $0.06 | $-0.75 | $0.16 | 108.5% | -60.0% |
| Free Cash Flow | $2M | $2M | $5M | 8.9% | -49.9% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $10M |
| Other Expenses | $329.9K |
| Operating Expenses | $10M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$426.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $36.3K |
| INCOME BEFORE TAX | -$390.3K |
| Income Tax Expense | $8.6K |
| Net Income from Continuing Ops | -$398.9K |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $947.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $947.0K |
| D&A | $1M |
| EBIT | -$426.3K |
| EBITDA | $977.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $947.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $493.4K |
| Deferred Income Tax | $71.0K |
| Other Non-Cash Items | $322.6K |
| Change in Working Capital | -$427.6K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$395.0K |
| Acquisitions (Net) | $50.1K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$344.9K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6.6K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $452.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $23M |
| Goodwill | $7M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $960.6K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $86M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$21M |
| Treasury Stock | -$867.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $25.0K |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $86M |
| Total Debt | $14M |
| Net Debt | -$4M |
