| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $9M | $11M | 174.9% | 123.0% |
| Op. Income | $724.0K | $715.0K | -$723.0K | 1.3% | 200.1% |
| Gross Margin | 13.1% | 31.9% | 17.7% | -18.8pp | -4.6pp |
| Net Margin | 1.4% | 2.4% | -10.4% | -1.0pp | 11.8pp |
| EPS (Diluted) | $0.02 | $0.01 | $-0.05 | 62.1% | 129.1% |
| Free Cash Flow | -$17M | $5M | $11M | -470.3% | -255.6% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $724.0K |
| Interest Income | $0 |
| Interest Expense | $374.0K |
| Other Income/Expenses | -$373.0K |
| INCOME BEFORE TAX | $351.0K |
| Income Tax Expense | $15.0K |
| Net Income from Continuing Ops | $336.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $336.0K |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | $335.0K |
| D&A | $71.0K |
| EBIT | $725.0K |
| EBITDA | $795.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $724.0K |
| Interest Income | $0 |
| Interest Expense | $374.0K |
| Other Income/Expenses | -$373.0K |
| INCOME BEFORE TAX | $351.0K |
| Income Tax Expense | $15.0K |
| Net Income from Continuing Ops | $336.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $336.0K |
| Net Income Deductions | $1.0K |
| BOTTOM LINE NET INCOME | $335.0K |
| D&A | $71.0K |
| EBIT | $725.0K |
| EBITDA | $795.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $336.0K |
| Depreciation & Amortization | $71.0K |
| Stock-Based Compensation | $128.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $2M |
| Other Current Assets | $302.0K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $5M |
| Goodwill | $780.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $817.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $26M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$66M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $4M |
| Net Debt | -$8M |
