| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $34M | $30M | -2.0% | 12.2% |
| Op. Income | $4M | $6M | $10M | -34.0% | -59.1% |
| Gross Margin | 50.0% | 51.3% | 73.6% | -1.3pp | -23.6pp |
| Net Margin | 9.9% | 15.2% | 27.5% | -5.2pp | -17.6pp |
| EPS (Diluted) | $0.36 | $0.61 | $1.01 | -41.0% | -64.4% |
| Free Cash Flow | $2M | $4M | $7M | -50.4% | -72.5% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $454.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $4M |
| Interest Income | $32M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $830.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $873.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $454.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $4M |
| Interest Income | $32M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $830.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $873.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $873.0K |
| Stock-Based Compensation | $690.0K |
| Deferred Income Tax | $490.0K |
| Other Non-Cash Items | -$375.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $579.0K |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$419.0K |
| Common Dividends Paid | -$764.0K |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $59M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $177M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $30M |
| Additional Paid-In Capital | $66M |
| Retained Earnings | $108M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $223M |
| Minority Interest | $0 |
| TOTAL EQUITY | $223M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $73M |
| Net Debt | $24M |
