| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $34M | $30M | 5.0% | 17.8% |
| Op. Income | $7M | $7M | $11M | 3.9% | -34.4% |
| Gross Margin | 54.4% | 54.9% | 74.5% | -0.6pp | -20.2pp |
| Net Margin | 14.6% | 15.2% | 26.7% | -0.6pp | -12.1pp |
| EPS (Diluted) | $0.34 | $0.33 | $0.51 | 3.0% | -33.3% |
| Free Cash Flow | -$2M | $15M | $3M | -110.5% | -159.9% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $86.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $7M |
| Interest Income | $32M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $361.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $86.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $7M |
| Interest Income | $32M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $361.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $361.0K |
| Stock-Based Compensation | $336.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$231.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $194M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $294M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7B |
| Tax Assets | $13M |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $105M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $135M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $76M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $121M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $0 |
| TOTAL EQUITY | $193M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $114M |
| Net Debt | $23M |
