| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $41M | $34M | 5.1% | 27.9% |
| Op. Income | $8M | $10M | $12M | -17.3% | -33.3% |
| Gross Margin | 52.3% | 58.5% | 75.1% | -6.2pp | -22.8pp |
| Net Margin | 13.6% | 17.0% | 25.6% | -3.4pp | -12.0pp |
| EPS (Diluted) | $0.41 | $0.49 | $0.58 | -16.3% | -29.3% |
| Free Cash Flow | $10M | $18M | $14M | -47.6% | -30.0% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $772.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $8M |
| Interest Income | $41M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $772.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $8M |
| Interest Income | $41M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $142.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$256.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$157M |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | -$925.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $160M |
| NET CASH FROM FINANCING | $195M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $143M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $395M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $876.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $143M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $146M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $349M |
| Minority Interest | $0 |
| TOTAL EQUITY | $349M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $59M |
| Net Debt | -$183M |
