Reported September 30, 2024
| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | — | -1.6% | — |
| Op. Income | $632.8K | $993.7K | — | -36.3% | — |
| Gross Margin | 51.1% | 77.8% | — | -26.7pp | — |
| Net Margin | 34.2% | 54.3% | — | -20.2pp | — |
| EPS (Diluted) | $1.34 | $1.92 | — | -30.3% | — |
| Free Cash Flow | $194.7K | $724.7K | — | -73.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $764.5K |
| GROSS PROFIT | $799.6K |
| R&D Expenses | $74.9K |
| Selling & Marketing | $5.7K |
| General & Administrative | $94.0K |
| SG&A Expenses | $99.8K |
| Other Expenses | -$7.8K |
| Operating Expenses | $166.9K |
| Cost & Expenses | $931.3K |
| OPERATING INCOME | $632.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $791 |
| INCOME BEFORE TAX | $633.5K |
| Income Tax Expense | $98.9K |
| Net Income from Continuing Ops | $534.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $534.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $534.7K |
| D&A | $1.3K |
| EBIT | $622.2K |
| EBITDA | $623.4K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $764.5K |
| GROSS PROFIT | $799.6K |
| R&D Expenses | $74.9K |
| Selling & Marketing | $5.7K |
| General & Administrative | $94.0K |
| SG&A Expenses | $99.8K |
| Other Expenses | -$7.8K |
| Operating Expenses | $166.9K |
| Cost & Expenses | $931.3K |
| OPERATING INCOME | $632.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $791 |
| INCOME BEFORE TAX | $633.5K |
| Income Tax Expense | $98.9K |
| Net Income from Continuing Ops | $534.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $534.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $534.7K |
| D&A | $1.3K |
| EBIT | $622.2K |
| EBITDA | $623.4K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $534.7K |
| Depreciation & Amortization | $1.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $441.6K |
| Change in Working Capital | -$782.8K |
| OPERATING CASH FLOW | $194.7K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$177.8K |
| NET CASH FROM FINANCING | -$177.8K |
| FREE CASH FLOW | $194.7K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71.6K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $13.7K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $8.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $5M |
| Account Payables | $800.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $449.3K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $85.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $85.6K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$179.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $85.6K |
| Net Debt | $14.0K |