| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $62M | $74M | 5.6% | -12.2% |
| Op. Income | -$7M | -$10M | -$5M | 27.4% | -44.9% |
| Gross Margin | 80.3% | 79.2% | 81.2% | 1.1pp | -0.9pp |
| Net Margin | -9.0% | -11.1% | -5.6% | 2.1pp | -3.4pp |
| EPS (Diluted) | $-0.14 | $-0.16 | $-0.09 | 12.5% | -51.4% |
| Free Cash Flow | $2M | -$11M | $8M | 115.7% | -78.0% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $52M |
| R&D Expenses | $20M |
| Selling & Marketing | $32M |
| General & Administrative | $8M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $72M |
| OPERATING INCOME | -$7M |
| Interest Income | $3M |
| Interest Expense | $197.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$4M |
| 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 | $3M |
| EBIT | -$7M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$531.7K |
| Other Non-Cash Items | $945.7K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$936.0K |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | $48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $260M |
| Net Receivables | $20M |
| Inventory | $16M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $376M |
| PP&E (Net) | $39M |
| Goodwill | $68M |
| Intangible Assets | $16M |
| Long-Term Investments | $33M |
| Tax Assets | $16M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $196M |
| TOTAL ASSETS | $572M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $105M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $155M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $249M |
| Common Stock | $742.0K |
| Additional Paid-In Capital | $529M |
| Retained Earnings | $120M |
| Treasury Stock | -$366M |
| Accum. Other Comp. Income | $77.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $39M |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $572M |
| Total Debt | $21M |
| Net Debt | -$50M |
