| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $44M | $38M | 4.3% | 21.6% |
| Op. Income | $10M | $12M | $12M | -16.1% | -18.4% |
| Gross Margin | 68.8% | 71.5% | 86.3% | -2.8pp | -17.6pp |
| Net Margin | 16.5% | 20.4% | 25.3% | -3.8pp | -8.8pp |
| EPS (Diluted) | $0.73 | $0.87 | $0.91 | -16.1% | -19.8% |
| Free Cash Flow | $13M | $8M | -$2M | 63.0% | 895.5% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $501.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $10M |
| Interest Income | $40M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $501.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $10M |
| Interest Income | $40M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $593.0K |
| Deferred Income Tax | -$990.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$522.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $514M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $592M |
| PP&E (Net) | $29M |
| Goodwill | $19M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.3B |
| Tax Assets | $22M |
| Other Non-Current Assets | $124M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $0 |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $231M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $583.0K |
| Additional Paid-In Capital | $189M |
| Retained Earnings | $118M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $265M |
| Minority Interest | $0 |
| TOTAL EQUITY | $265M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $179M |
| Net Debt | $114M |
