| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $19M | $16M | 6.6% | 26.1% |
| Op. Income | $2M | $2M | $4M | -2.1% | -45.2% |
| Gross Margin | 51.5% | 55.0% | 75.9% | -3.5pp | -24.4pp |
| Net Margin | 9.8% | 10.5% | 21.1% | -0.7pp | -11.3pp |
| EPS (Diluted) | $0.19 | $0.19 | $0.31 | 0.0% | -38.7% |
| Free Cash Flow | $4M | $2M | $3M | 91.3% | 5.5% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $124.3K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $5M |
| Operating Expenses | $8M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $19M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $235.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $276.6K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $124.3K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $5M |
| Operating Expenses | $8M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $19M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $235.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $276.6K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $276.6K |
| Stock-Based Compensation | $623.6K |
| Deferred Income Tax | $667.8K |
| Other Non-Cash Items | $500.4K |
| Change in Working Capital | -$221.7K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$193.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$976.3K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$412.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $283M |
| Net Receivables | $160M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $463M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $941M |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $998M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $271M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $281M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $112.1K |
| Additional Paid-In Capital | $101M |
| Retained Earnings | $88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$43M |
| Other Equity | -$11M |
| TOTAL STOCKHOLDERS' EQUITY | $135M |
| Minority Interest | $0 |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $271M |
| Net Debt | $251M |
