| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $45M | $32M | 11.3% | 57.4% |
| Op. Income | $12M | $10M | $8M | 22.5% | 64.7% |
| Gross Margin | 42.5% | 43.0% | 54.8% | -0.5pp | -12.3pp |
| Net Margin | 18.1% | 16.1% | 14.7% | 2.0pp | 3.4pp |
| EPS (Diluted) | $0.34 | $0.28 | $0.18 | 23.7% | 95.8% |
| Free Cash Flow | $53M | -$97M | $10M | 154.2% | 436.2% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $722.7K |
| Operating Expenses | $9M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $12M |
| Interest Income | $48M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $317.9K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $722.7K |
| Operating Expenses | $9M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $12M |
| Interest Income | $48M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $317.9K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $317.9K |
| Stock-Based Compensation | $127.2K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$8.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$126.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$655.5K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$577.3K |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $696.4K |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $115M |
| PP&E (Net) | $7M |
| Goodwill | $4M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.9B |
| Tax Assets | $3M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $78M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $534.2K |
| Other Non-Current Liabilities | $124M |
| TOTAL NON-CURRENT LIABILITIES | $206M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $157M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $95.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $276M |
| Minority Interest | $0 |
| TOTAL EQUITY | $276M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $81M |
| Net Debt | -$16M |
