| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $17M | $15M | -2.8% | 10.1% |
| Op. Income | $4M | $7M | $5M | -40.1% | -24.4% |
| Gross Margin | 83.0% | 95.7% | 101.1% | -12.7pp | -18.1pp |
| Net Margin | 17.6% | 30.1% | 26.9% | -12.5pp | -9.2pp |
| EPS (Diluted) | $0.14 | $0.24 | $0.19 | -41.7% | -26.3% |
| Free Cash Flow | -$2M | $3M | $6M | -166.3% | -131.0% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $229.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $4M |
| Interest Income | $14M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $640.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $229.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $4M |
| Interest Income | $14M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $640.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $640.0K |
| Stock-Based Compensation | $98.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $419.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$515.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $91M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$100M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $211M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $255M |
| PP&E (Net) | $21M |
| Goodwill | $27M |
| Intangible Assets | $379.0K |
| Long-Term Investments | $1.2B |
| Tax Assets | $10M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $151M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $625.0K |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $212.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | $118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $153M |
| Net Debt | $131M |
