| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | -6.5% | 10.3% |
| Op. Income | $287.7K | $672.2K | $627.8K | -57.2% | -54.2% |
| Gross Margin | 66.5% | 72.6% | 86.8% | -6.1pp | -20.4pp |
| Net Margin | 3.3% | 17.5% | 21.4% | -14.3pp | -18.1pp |
| EPS (Diluted) | $0.05 | $0.33 | $0.33 | -83.4% | -83.4% |
| Free Cash Flow | -$1M | $733.0K | $1M | -274.7% | -190.5% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $882.8K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $15.2K |
| General & Administrative | $772.8K |
| SG&A Expenses | $788.0K |
| Other Expenses | $674.9K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $287.7K |
| Interest Income | $2M |
| Interest Expense | $841.8K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $287.7K |
| Income Tax Expense | $201.5K |
| Net Income from Continuing Ops | $86.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86.2K |
| D&A | $44.8K |
| EBIT | $287.7K |
| EBITDA | $332.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $882.8K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $15.2K |
| General & Administrative | $772.8K |
| SG&A Expenses | $788.0K |
| Other Expenses | $674.9K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $287.7K |
| Interest Income | $2M |
| Interest Expense | $841.8K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $287.7K |
| Income Tax Expense | $201.5K |
| Net Income from Continuing Ops | $86.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86.2K |
| D&A | $44.8K |
| EBIT | $287.7K |
| EBITDA | $332.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $86.2K |
| Depreciation & Amortization | $44.8K |
| Stock-Based Compensation | $50.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6.5K |
| Change in Working Capital | $191.9K |
| OPERATING CASH FLOW | $366.7K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $160.9K |
| Other Investing Activities | -$28.4K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $9M |
| Net Receivables | $534.2K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $198M |
| Tax Assets | $337.0K |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $219M |
| TOTAL ASSETS | $236M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $189M |
| TOTAL CURRENT LIABILITIES | $189M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $204M |
| Common Stock | $21.1K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$876.8K |
| Other Equity | -$777.8K |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $236M |
| Total Debt | $13M |
| Net Debt | $6M |
