| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $79M | $83M | -3.4% | -7.7% |
| Op. Income | $15M | $17M | $26M | -11.9% | -41.0% |
| Gross Margin | 85.3% | 86.4% | 88.0% | -1.1pp | -2.7pp |
| Net Margin | 21.5% | 28.6% | 31.8% | -7.1pp | -10.2pp |
| EPS (Diluted) | $1.20 | $1.65 | $1.90 | -27.2% | -36.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $65M |
| R&D Expenses | $1M |
| Selling & Marketing | $44M |
| General & Administrative | $5M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $15M |
| Interest Income | $1M |
| Interest Expense | $234.4K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$57.1K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $65M |
| R&D Expenses | $1M |
| Selling & Marketing | $44M |
| General & Administrative | $5M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $15M |
| Interest Income | $1M |
| Interest Expense | $234.4K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | -$57.1K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $26M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $161M |
| PP&E (Net) | $133M |
| Goodwill | $0 |
| Intangible Assets | $109.7K |
| Long-Term Investments | $8M |
| Tax Assets | $9M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $155M |
| TOTAL ASSETS | $316M |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $70M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $138M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $258M |
| Common Stock | $292 |
| Additional Paid-In Capital | $337M |
| Retained Earnings | -$301M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | -$217.3K |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $316M |
| Total Debt | $43M |
| Net Debt | -$74M |
