| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $13M | 6.0% | 0.1% |
| Op. Income | -$163.7K | -$616.0K | -$3M | 73.4% | 94.0% |
| Gross Margin | 66.8% | 70.4% | 68.5% | -3.6pp | -1.7pp |
| Net Margin | 49.6% | -58.7% | -437.1% | 108.3pp | 486.7pp |
| EPS (Diluted) | $0.26 | $-0.28 | $-2.16 | 192.1% | 111.8% |
| Free Cash Flow | -$2M | -$3M | -$1M | 42.1% | -71.7% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $804.6K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$163.7K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$57.7K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $423.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$150.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$567.1K |
| NET CASH FROM INVESTING | -$717.6K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$323.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $19M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $874.0K |
| Goodwill | $28M |
| Intangible Assets | $27M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $152M |
| Account Payables | $5M |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $749.8K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $83M |
| Common Stock | $285M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$242M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $177.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $152M |
| Total Debt | $65M |
| Net Debt | $53M |
