| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $16M | $13M | 2.2% | 30.5% |
| Op. Income | $2M | $542.0K | $54.0K | 178.4% | 2694.4% |
| Gross Margin | 23.3% | 19.1% | 16.9% | 4.3pp | 6.5pp |
| Net Margin | 6.8% | 1.4% | 0.6% | 5.4pp | 6.2pp |
| EPS (Diluted) | $0.21 | $0.04 | $0.02 | 382.8% | 1290.7% |
| Free Cash Flow | -$3M | $3M | -$3M | -175.9% | 5.4% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $853.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $2M |
| Interest Income | $8.0K |
| Interest Expense | $60.0K |
| Other Income/Expenses | -$5.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $357.0K |
| 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 | $641.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $853.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $2M |
| Interest Income | $8.0K |
| Interest Expense | $60.0K |
| Other Income/Expenses | -$5.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $357.0K |
| 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 | $641.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $641.0K |
| Stock-Based Compensation | $5.0K |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | -$205.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$777.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $355.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$157.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$157.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $337.0K |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $65M |
| Account Payables | $7M |
| Short-Term Debt | $640.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $871.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $28M |
| Treasury Stock | -$102.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $6M |
| Net Debt | -$1M |
