| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $44M | $37M | 1.5% | 19.1% |
| Op. Income | $6M | $7M | $11M | -23.8% | -50.3% |
| Gross Margin | 39.6% | 43.6% | 61.1% | -4.0pp | -21.5pp |
| Net Margin | 10.2% | 13.5% | 24.0% | -3.3pp | -13.8pp |
| EPS (Diluted) | $0.27 | $0.35 | $0.53 | -22.9% | -49.1% |
| Free Cash Flow | -$4M | -$2M | $1M | -133.6% | -454.9% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $48.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $6M |
| Interest Income | $43M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $48.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $6M |
| Interest Income | $43M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $710.0K |
| Deferred Income Tax | $240.0K |
| Other Non-Cash Items | $656.0K |
| Change in Working Capital | -$387.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$74M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | $102M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $624M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $703M |
| PP&E (Net) | $86M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.9B |
| Tax Assets | $34M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $0 |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $442M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $477M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $34M |
| Retained Earnings | $271M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $225M |
| Minority Interest | $0 |
| TOTAL EQUITY | $225M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $593M |
| Net Debt | $527M |
