| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $63M | $33M | 6.2% | 105.4% |
| Op. Income | $16M | $14M | $4M | 12.7% | 297.3% |
| Gross Margin | 66.4% | 64.9% | 72.6% | 1.6pp | -6.2pp |
| Net Margin | 28.1% | 17.3% | -6.8% | 10.7pp | 34.9pp |
| EPS (Diluted) | $0.42 | $0.40 | $-0.09 | 5.0% | 561.5% |
| Free Cash Flow | -$53M | $101M | $65M | -152.1% | -180.9% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $8M |
| Operating Expenses | $28M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $16M |
| Interest Income | $109M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $367.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $8M |
| Operating Expenses | $28M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $16M |
| Interest Income | $109M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $367.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $367.0K |
| Stock-Based Compensation | $799.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$79M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$165.0K |
| Acquisitions (Net) | -$110.0K |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $0 |
| Net Receivables | $200.0K |
| Inventory | $0 |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $6M |
| Goodwill | $26M |
| Intangible Assets | $44M |
| Long-Term Investments | $77M |
| Tax Assets | $13M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $213M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $0 |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $610M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $490M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $492.0K |
| Additional Paid-In Capital | $201M |
| Retained Earnings | $28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$148.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $651M |
| Net Debt | $498M |
