| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $103M | $87M | 0.8% | 18.4% |
| Op. Income | -$458.0K | $9M | -$1M | -105.1% | 59.0% |
| Gross Margin | 58.4% | 60.0% | 56.4% | -1.6pp | 2.0pp |
| Net Margin | -0.2% | 6.6% | -0.1% | -6.8pp | -0.1pp |
| EPS (Diluted) | $-0.01 | $0.22 | $-0.00 | -103.2% | -97.2% |
| Free Cash Flow | -$17M | $10M | -$3M | -267.3% | -379.9% |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $60M |
| Other Expenses | $309.0K |
| Operating Expenses | $61M |
| Cost & Expenses | $104M |
| OPERATING INCOME | -$458.0K |
| Interest Income | $698.0K |
| Interest Expense | $567.0K |
| Other Income/Expenses | $131.0K |
| INCOME BEFORE TAX | -$327.0K |
| Income Tax Expense | -$113.0K |
| Net Income from Continuing Ops | -$214.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$214.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$214.0K |
| D&A | $3M |
| EBIT | $240.0K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$214.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $421.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $2M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $183M |
| Goodwill | $11M |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $23M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $236M |
| TOTAL ASSETS | $355M |
| Account Payables | $14M |
| Short-Term Debt | $12M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52.0K |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $191M |
| Common Stock | $48M |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $164M |
| Minority Interest | $0 |
| TOTAL EQUITY | $164M |
| TOTAL LIABILITIES & EQUITY | $355M |
| Total Debt | $143M |
| Net Debt | $73M |
