| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $43M | $38M | 7.0% | 23.8% |
| Op. Income | $7M | $8M | $14M | -21.3% | -55.0% |
| Gross Margin | 49.1% | 52.3% | 75.1% | -3.2pp | -26.0pp |
| Net Margin | 10.1% | 13.6% | 27.4% | -3.5pp | -17.3pp |
| EPS (Diluted) | $0.33 | $0.41 | $0.70 | -19.5% | -52.9% |
| Free Cash Flow | $6M | $10M | $18M | -37.5% | -66.7% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $319.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $7M |
| Interest Income | $44M |
| Interest Expense | $23M |
| 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 | $925.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $319.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $7M |
| Interest Income | $44M |
| Interest Expense | $23M |
| 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 | $925.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $925.0K |
| Stock-Based Compensation | $136.0K |
| Deferred Income Tax | -$138.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $395.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $138M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $388M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $266.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $143M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $148M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $350M |
| Minority Interest | $0 |
| TOTAL EQUITY | $350M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $70M |
| Net Debt | -$170M |
