| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $29M | $29M | 1.8% | 0.8% |
| Op. Income | $4M | $6M | $12M | -34.5% | -70.7% |
| Gross Margin | 62.4% | 65.9% | 90.1% | -3.5pp | -27.7pp |
| Net Margin | 8.5% | 15.5% | 30.9% | -7.0pp | -22.4pp |
| EPS (Diluted) | $0.12 | $0.21 | $0.42 | -42.9% | -71.4% |
| Free Cash Flow | $7M | $7M | $16M | 7.7% | -53.9% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $377.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $4M |
| Interest Income | $27M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $667.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $377.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $4M |
| Interest Income | $27M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $667.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $667.0K |
| Stock-Based Compensation | $402.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $698.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$33M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $137M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $26M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.2B |
| Tax Assets | $14M |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $140M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $167M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $217.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $237M |
| Minority Interest | $0 |
| TOTAL EQUITY | $237M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $156M |
| Net Debt | $131M |
