| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | -1.3% | 36.5% |
| Op. Income | $142.0K | $252.0K | -$355.0K | -43.7% | 140.0% |
| Gross Margin | 90.3% | 97.0% | 86.9% | -6.7pp | 3.4pp |
| Net Margin | 8.6% | 1.9% | -19.2% | 6.6pp | 27.8pp |
| EPS (Diluted) | $0.03 | $0.01 | $-0.07 | 284.6% | 142.9% |
| Free Cash Flow | $263.0K | -$454.0K | $2M | 157.9% | -83.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $193.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $24.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $589.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $142.0K |
| Interest Income | $2M |
| Interest Expense | $221.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $142.0K |
| Income Tax Expense | -$28.0K |
| Net Income from Continuing Ops | $170.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170.0K |
| D&A | $65.0K |
| EBIT | $142.0K |
| EBITDA | $207.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $193.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $24.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $589.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $142.0K |
| Interest Income | $2M |
| Interest Expense | $221.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $142.0K |
| Income Tax Expense | -$28.0K |
| Net Income from Continuing Ops | $170.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $170.0K |
| D&A | $65.0K |
| EBIT | $142.0K |
| EBITDA | $207.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $170.0K |
| Depreciation & Amortization | $65.0K |
| Stock-Based Compensation | $55.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $61.0K |
| Change in Working Capital | -$88.0K |
| OPERATING CASH FLOW | $263.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $207.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $263.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $121M |
| Net Receivables | $814.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $104M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $260M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $177M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $50M |
| Retained Earnings | $45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $260M |
| Total Debt | $33M |
| Net Debt | $19M |
