| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $12M | 0.0% | -30.2% |
| Op. Income | -$10M | -$3M | -$14M | -198.8% | 27.5% |
| Gross Margin | 53.7% | 53.7% | 55.7% | 0.0pp | -1.9pp |
| Net Margin | -102.8% | -102.8% | -135.6% | 0.0pp | 32.8pp |
| EPS (Diluted) | $-1.03 | $-1.09 | $-1.98 | 5.9% | 48.2% |
| Free Cash Flow | -$4M | -$4M | -$7M | 0.0% | 48.3% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $9M |
| Operating Expenses | $15M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$10M |
| Interest Income | $592.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $798.5K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$65.5K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $4M |
| EBIT | -$3M |
| EBITDA | $529.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $990.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $433.2K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$97.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$566.9K |
| NET CASH FROM FINANCING | -$664.2K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $21M |
| Net Receivables | $1M |
| Inventory | $21.0K |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $144M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35.8K |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$492.3K |
| Deferred Tax Liabilities | $492.3K |
| Other Non-Current Liabilities | $492.3K |
| TOTAL NON-CURRENT LIABILITIES | $602.3K |
| TOTAL LIABILITIES | $45M |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $5M |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $144M |
| Total Debt | $497.8K |
| Net Debt | -$60M |
