| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $7M | $13M | 145.1% | 39.2% |
| Op. Income | $9M | -$2M | $4M | 523.4% | 111.1% |
| Gross Margin | 55.5% | -10.1% | 40.9% | 65.6pp | 14.6pp |
| Net Margin | 64.1% | -32.8% | 30.9% | 96.9pp | 33.2pp |
| EPS (Diluted) | $0.48 | $-0.11 | $0.20 | 536.4% | 140.0% |
| Free Cash Flow | $25M | -$10M | $36M | 340.3% | -30.7% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$307.4K |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $9M |
| Interest Income | $25M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$307.4K |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $9M |
| Interest Income | $25M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $439.2K |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $876M |
| TOTAL NON-CURRENT ASSETS | $876M |
| TOTAL ASSETS | $908M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $576M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $583M |
| TOTAL LIABILITIES | $588M |
| Common Stock | $24.1K |
| Additional Paid-In Capital | $336M |
| Retained Earnings | -$16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $320M |
| Minority Interest | $0 |
| TOTAL EQUITY | $320M |
| TOTAL LIABILITIES & EQUITY | $908M |
| Total Debt | $576M |
| Net Debt | $550M |
