| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $80M | $72M | -10.8% | -1.3% |
| Op. Income | $2M | $8M | $5M | -79.1% | -65.2% |
| Gross Margin | 55.8% | 56.2% | 56.0% | -0.4pp | -0.2pp |
| Net Margin | 2.7% | 7.9% | 5.5% | -5.2pp | -2.8pp |
| EPS (Diluted) | $0.06 | $0.20 | $0.12 | -70.2% | -50.2% |
| Free Cash Flow | -$11M | $13M | -$12M | -180.5% | 10.7% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $8M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $38M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $881.0K |
| 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 | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $8M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $38M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $881.0K |
| 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 | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $612.0K |
| Other Non-Cash Items | $87.0K |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $31.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$26.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$98.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $8M |
| Net Receivables | $9M |
| Inventory | $14M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $26M |
| Goodwill | $90M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $143M |
| TOTAL ASSETS | $278M |
| Account Payables | $32M |
| Short-Term Debt | $4M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $113M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | -$8M |
| Treasury Stock | -$85M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $165M |
| Minority Interest | $0 |
| TOTAL EQUITY | $165M |
| TOTAL LIABILITIES & EQUITY | $278M |
| Total Debt | $10M |
| Net Debt | -$89M |
