| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $23M | $20M | 15.3% | 34.2% |
| Op. Income | -$529.0K | $5M | $8M | -110.5% | -106.8% |
| Gross Margin | 59.5% | 74.3% | 92.5% | -14.8pp | -33.1pp |
| Net Margin | -1.1% | 17.5% | 32.1% | -18.6pp | -33.2pp |
| EPS (Diluted) | $-0.02 | $0.37 | $0.57 | -106.3% | -104.1% |
| Free Cash Flow | $8M | $5M | $7M | 63.9% | 15.2% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $366.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $8M |
| Operating Expenses | $16M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$529.0K |
| Interest Income | $23M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$529.0K |
| Income Tax Expense | -$236.0K |
| Net Income from Continuing Ops | -$293.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$293.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$287.0K |
| D&A | $594.0K |
| EBIT | -$529.0K |
| EBITDA | $65.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$293.0K |
| Depreciation & Amortization | $594.0K |
| Stock-Based Compensation | $82.0K |
| Deferred Income Tax | $470.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$883.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $87.0K |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $277M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $325M |
| PP&E (Net) | $42M |
| Goodwill | $80M |
| Intangible Assets | $9M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $97M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $135M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $174M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $140M |
| Treasury Stock | -$56M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $235M |
| Minority Interest | $0 |
| TOTAL EQUITY | $235M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $217M |
| Net Debt | $177M |
