| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $32M | $35M | -2.8% | -9.6% |
| Op. Income | $2M | $866.2K | $5M | 102.2% | -62.8% |
| Gross Margin | 26.0% | 23.0% | 22.1% | 3.0pp | 3.9pp |
| Net Margin | 3.9% | 9.3% | 13.1% | -5.5pp | -9.2pp |
| EPS (Diluted) | $0.07 | $0.21 | $0.31 | -68.8% | -78.8% |
| Free Cash Flow | $4M | $2M | $3M | 106.4% | 49.1% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $16.8K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $289.5K |
| Operating Expenses | $6M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $132.6K |
| Other Income/Expenses | -$116.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $423.0K |
| 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 | $312.8K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $16.8K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $289.5K |
| Operating Expenses | $6M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $132.6K |
| Other Income/Expenses | -$116.4K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $423.0K |
| 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 | $312.8K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $312.8K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $369.0K |
| Change in Working Capital | $642.2K |
| OPERATING CASH FLOW | $4M |
| 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 | -$371.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $7M |
| Other Current Assets | $1 |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $711.6K |
| Goodwill | $4M |
| Intangible Assets | $2M |
| Long-Term Investments | $480.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $70M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $700.0K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $19.4K |
| Additional Paid-In Capital | $70M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $142.1K |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $6M |
| Net Debt | -$37M |
