| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $63M | $42M | 7.0% | 59.6% |
| Op. Income | -$20M | $12M | $12M | -274.3% | -267.2% |
| Gross Margin | 48.0% | 55.2% | 73.4% | -7.3pp | -25.4pp |
| Net Margin | -20.3% | 13.5% | 28.6% | -33.8pp | -48.9pp |
| EPS (Diluted) | $-0.32 | $0.20 | $0.31 | -260.0% | -203.2% |
| Free Cash Flow | $13M | $16M | $12M | -17.2% | 12.4% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | -$225.0K |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $24M |
| Operating Expenses | $52M |
| Cost & Expenses | $87M |
| OPERATING INCOME | -$20M |
| Interest Income | $64M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $709.0K |
| EBIT | -$20M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $709.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$239.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$174M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | $292M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $189M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $19M |
| Other Non-Current Assets | $286M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $283M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $303M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $427.0K |
| Additional Paid-In Capital | $417M |
| Retained Earnings | $366M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $283M |
| Net Debt | $193M |
