| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $185M | $123M | -41.9% | -12.6% |
| Op. Income | $5M | -$216M | $21M | 102.4% | -75.2% |
| Gross Margin | 97.0% | 98.0% | 96.7% | -1.0pp | 0.3pp |
| Net Margin | 2.7% | -115.7% | 9.9% | 118.4pp | -7.2pp |
| EPS (Diluted) | $0.04 | $-3.10 | $0.16 | 101.3% | -75.0% |
| Free Cash Flow | $17M | $4M | $39M | 287.1% | -56.5% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $75M |
| General & Administrative | $10M |
| SG&A Expenses | $85M |
| Other Expenses | $14M |
| Operating Expenses | $99M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $5M |
| Interest Income | $1M |
| Interest Expense | $5.8K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $75M |
| General & Administrative | $10M |
| SG&A Expenses | $85M |
| Other Expenses | $14M |
| Operating Expenses | $99M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $5M |
| Interest Income | $1M |
| Interest Expense | $5.8K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$107.6K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.3K |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$218M |
| NET CASH FROM FINANCING | -$218M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$230M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $29M |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $645.4K |
| TOTAL CURRENT ASSETS | $220M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $88M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $160M |
| TOTAL ASSETS | $380M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $129M |
| Common Stock | $174M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$863M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $797M |
| Other Equity | $143M |
| TOTAL STOCKHOLDERS' EQUITY | $251M |
| Minority Interest | $0 |
| TOTAL EQUITY | $251M |
| TOTAL LIABILITIES & EQUITY | $380M |
| Total Debt | $48M |
| Net Debt | -$71M |
