| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $65M | $69M | 0.1% | -5.7% |
| Op. Income | -$4M | -$7M | -$6M | 50.5% | 34.4% |
| Gross Margin | 80.3% | 80.3% | 80.7% | 0.0pp | -0.4pp |
| Net Margin | -1.9% | -9.0% | -4.5% | 7.1pp | 2.6pp |
| EPS (Diluted) | $-0.03 | $-0.14 | $-0.07 | 79.1% | 58.1% |
| Free Cash Flow | $19M | $2M | -$3M | 1026.8% | 744.1% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $52M |
| R&D Expenses | $19M |
| Selling & Marketing | $30M |
| General & Administrative | $7M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$4M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$55.0K |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $3M |
| EBIT | -$4M |
| EBITDA | -$720.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$82.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$839.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$839.0K |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $289M |
| Net Receivables | $20M |
| Inventory | $15M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $408M |
| PP&E (Net) | $38M |
| Goodwill | $68M |
| Intangible Assets | $15M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $179M |
| TOTAL ASSETS | $587M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $102M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $73M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $258M |
| Common Stock | $744.0K |
| Additional Paid-In Capital | $537M |
| Retained Earnings | $119M |
| Treasury Stock | -$367M |
| Accum. Other Comp. Income | -$66.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $290M |
| Minority Interest | $40M |
| TOTAL EQUITY | $329M |
| TOTAL LIABILITIES & EQUITY | $587M |
| Total Debt | $20M |
| Net Debt | -$55M |
