| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $67M | $52M | 6.8% | 38.2% |
| Op. Income | $12M | -$20M | $12M | 160.2% | 1.3% |
| Gross Margin | 52.6% | 48.0% | 67.5% | 4.6pp | -14.9pp |
| Net Margin | 12.1% | -20.3% | 16.9% | 32.4pp | -4.7pp |
| EPS (Diluted) | $0.22 | $-0.32 | $0.20 | 168.8% | 10.0% |
| Free Cash Flow | -$12M | $13M | $7M | -189.6% | -268.4% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $742.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $12M |
| Interest Income | $68M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $732.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $742.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $3M |
| Operating Expenses | $26M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $12M |
| Interest Income | $68M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $732.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $732.0K |
| Stock-Based Compensation | $588.0K |
| Deferred Income Tax | -$9.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$270.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$223M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $351M |
| NET CASH FROM FINANCING | $128M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $207M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $389M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $19M |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $140M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $427.0K |
| Additional Paid-In Capital | $417M |
| Retained Earnings | $375M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | -$47M |
| TOTAL STOCKHOLDERS' EQUITY | $734M |
| Minority Interest | $0 |
| TOTAL EQUITY | $734M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $61M |
| Net Debt | -$103M |
