| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $17M | $15M | -1.2% | 15.8% |
| Op. Income | $1M | $2M | $1M | -24.6% | 3.0% |
| Gross Margin | 60.7% | 60.5% | 73.6% | 0.2pp | -12.9pp |
| Net Margin | 5.5% | 7.2% | 5.5% | -1.7pp | -0.0pp |
| EPS (Diluted) | $0.09 | $0.11 | $0.07 | -21.4% | 23.6% |
| Free Cash Flow | -$80.0K | $2M | -$1M | -103.4% | 94.6% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $1M |
| Interest Income | $16M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $261.0K |
| Net Income from Continuing Ops | $930.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $930.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $930.0K |
| D&A | $350.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $1M |
| Interest Income | $16M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $261.0K |
| Net Income from Continuing Ops | $930.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $930.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $930.0K |
| D&A | $350.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $930.0K |
| Depreciation & Amortization | $350.0K |
| Stock-Based Compensation | $38.0K |
| Deferred Income Tax | $17.0K |
| Other Non-Cash Items | -$142.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $160.0K |
| Capital Expenditure | -$240.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$80.0K |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $144M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $18M |
| Goodwill | $2M |
| Intangible Assets | $246.0K |
| Long-Term Investments | $1.1B |
| Tax Assets | $10M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $133M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $169M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $114M |
| Minority Interest | $0 |
| TOTAL EQUITY | $114M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $133M |
| Net Debt | $119M |
