| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $59M | $68M | -10.6% | -22.2% |
| Op. Income | $1M | $1M | $9M | 5.4% | -83.2% |
| Gross Margin | 32.8% | 27.9% | 34.1% | 4.9pp | -1.3pp |
| Net Margin | 2.3% | 7.0% | 9.4% | -4.7pp | -7.0pp |
| EPS (Diluted) | $0.09 | $0.23 | $0.47 | -62.9% | -81.9% |
| Free Cash Flow | -$126.0K | $809.0K | -$5M | -115.6% | 97.3% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $1M |
| Interest Income | $71.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $136.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $381.0K |
| 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 | $998.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $1M |
| Interest Income | $71.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $136.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $381.0K |
| 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 | $998.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $998.0K |
| Stock-Based Compensation | $483.0K |
| Deferred Income Tax | -$5.0K |
| Other Non-Cash Items | $48.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$843.0K |
| Other Financing Activities | -$119.0K |
| NET CASH FROM FINANCING | -$635.0K |
| FREE CASH FLOW | -$126.0K |
| Net Change in Cash | -$857.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $114M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $166M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $216.0K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $196M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $574.0K |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98.0K |
| Other Non-Current Liabilities | $630.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $714.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $574.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $160M |
| Minority Interest | $0 |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $196M |
| Total Debt | $2M |
| Net Debt | -$22M |
