| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $80M | $64M | -5.0% | 19.1% |
| Op. Income | $10M | $6M | $964.0K | 65.3% | 979.4% |
| Gross Margin | 79.6% | 79.2% | 77.7% | 0.4pp | 1.9pp |
| Net Margin | 10.2% | 6.0% | 9.1% | 4.2pp | 1.0pp |
| EPS (Diluted) | $0.16 | $0.10 | $0.12 | 63.9% | 33.3% |
| Free Cash Flow | $29M | -$15M | -$1M | 290.5% | 2837.5% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $61M |
| R&D Expenses | $11M |
| Selling & Marketing | $23M |
| General & Administrative | $17M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $10M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $61M |
| R&D Expenses | $11M |
| Selling & Marketing | $23M |
| General & Administrative | $17M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $10M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $182.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$986.0K |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $52M |
| Purchases of Investments | $1.0K |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$52M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | -$40.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $367.0K |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $38M |
| Net Receivables | $98M |
| Inventory | $35M |
| Other Current Assets | $762.0K |
| TOTAL CURRENT ASSETS | $365M |
| PP&E (Net) | $101M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $12M |
| Tax Assets | $5M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $489M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $488.0K |
| Additional Paid-In Capital | $437M |
| Retained Earnings | -$47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $386M |
| Minority Interest | $0 |
| TOTAL EQUITY | $386M |
| TOTAL LIABILITIES & EQUITY | $489M |
| Total Debt | $36M |
| Net Debt | -$147M |
