| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $10M | — | 46.8% | — |
| Op. Income | $12M | $7M | — | 63.5% | — |
| Gross Margin | 89.1% | 85.4% | — | 3.7pp | — |
| Net Margin | 55.2% | 28.7% | — | 26.5pp | — |
| EPS (Diluted) | $0.22 | $0.08 | — | 180.3% | — |
| Free Cash Flow | $9M | -$11M | — | 179.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $18.0K |
| General & Administrative | $930.0K |
| SG&A Expenses | $948.0K |
| Other Expenses | $0 |
| Operating Expenses | $948.0K |
| Cost & Expenses | $3M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $530.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $4M |
| EBIT | $8M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $18.0K |
| General & Administrative | $930.0K |
| SG&A Expenses | $948.0K |
| Other Expenses | $0 |
| Operating Expenses | $948.0K |
| Cost & Expenses | $3M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $530.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $4M |
| EBIT | $8M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $18.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$195.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6.0K |
| NET CASH FROM FINANCING | -$189.0K |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $774.0K |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $178M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $178M |
| TOTAL ASSETS | $188M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $584.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $18M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $296M |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $188M |
| Total Debt | $19M |
| Net Debt | $15M |
