| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $14M | $14M | -14.2% | -15.2% |
| Op. Income | $831.7K | $651.6K | -$355.2K | 27.6% | 334.2% |
| Gross Margin | 14.6% | 31.6% | 20.9% | -17.0pp | -6.3pp |
| Net Margin | 0.7% | 10.3% | 5.5% | -9.6pp | -4.8pp |
| EPS (Diluted) | $0.00 | $0.03 | $0.02 | -94.2% | -89.3% |
| Free Cash Flow | $4M | $994.6K | $2M | 350.5% | 133.4% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $194.2K |
| General & Administrative | $764.6K |
| SG&A Expenses | $958.9K |
| Other Expenses | $0 |
| Operating Expenses | $958.9K |
| Cost & Expenses | $11M |
| OPERATING INCOME | $831.7K |
| Interest Income | $15.6K |
| Interest Expense | $399.3K |
| Other Income/Expenses | -$959.8K |
| INCOME BEFORE TAX | -$128.2K |
| Income Tax Expense | -$213.1K |
| Net Income from Continuing Ops | $84.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84.9K |
| D&A | $400.2K |
| EBIT | $831.7K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $84.9K |
| Depreciation & Amortization | $400.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$300.8K |
| Other Non-Cash Items | $266.5K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$133 |
| NET CASH FROM INVESTING | -$133 |
| Net Debt Issuance | -$709.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $6M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $14M |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $50M |
| Account Payables | $3M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $66M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$69M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$16M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$16M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $42M |
| Net Debt | $39M |
