| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $51M | $42M | 4.2% | 28.7% |
| Op. Income | $16M | $16M | $20M | 3.1% | -17.4% |
| Gross Margin | 52.7% | 52.9% | 66.8% | -0.2pp | -14.1pp |
| Net Margin | 21.2% | 22.2% | 24.5% | -1.1pp | -3.3pp |
| EPS (Diluted) | $0.44 | $0.45 | $0.52 | -2.2% | -15.4% |
| Free Cash Flow | -$9M | $16M | -$10M | -156.7% | 6.0% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $160.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $749.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $16M |
| Interest Income | $51M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $727.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $160.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $749.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $16M |
| Interest Income | $51M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $727.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $727.0K |
| Stock-Based Compensation | $825.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$943.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $329.0K |
| Other Investing Activities | -$135M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$706.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $18M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $176M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $384M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $252.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $315M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $382M |
| Minority Interest | $0 |
| TOTAL EQUITY | $382M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $335M |
| Net Debt | $193M |
