| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 24.9% | 26.6% |
| Op. Income | $1M | $791.3K | $831.8K | 29.7% | 23.4% |
| Gross Margin | 52.2% | 53.7% | 57.5% | -1.5pp | -5.3pp |
| Net Margin | 28.4% | 28.3% | 29.4% | 0.1pp | -1.0pp |
| EPS (Diluted) | $0.20 | $0.16 | $0.16 | 25.0% | 25.0% |
| Free Cash Flow | $622.2K | $1M | $415.0K | -39.8% | 49.9% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $103.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $568.9K |
| Operating Expenses | $671.8K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $98.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $139.6K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $240.7K |
| Net Income from Continuing Ops | $925.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $925.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $925.4K |
| D&A | $23.7K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $103.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $568.9K |
| Operating Expenses | $671.8K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $1M |
| Interest Income | $98.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $139.6K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $240.7K |
| Net Income from Continuing Ops | $925.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $925.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $925.4K |
| D&A | $23.7K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $925.4K |
| Depreciation & Amortization | $23.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $70.6K |
| Other Non-Cash Items | -$50.8K |
| Change in Working Capital | -$324.8K |
| OPERATING CASH FLOW | $644.1K |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$793.5K |
| Sales/Maturities of Investments | $150.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$665.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $622.2K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $2M |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $207.6K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $617.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $617.4K |
| TOTAL ASSETS | $13M |
| Account Payables | $418.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $545.6K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19.6K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19.6K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $459.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $0 |
| Net Debt | -$7M |
