| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $47M | $42M | -1.6% | 10.3% |
| Op. Income | $525.0K | $2M | $284.0K | -77.2% | 84.9% |
| Gross Margin | 80.0% | 78.3% | 78.0% | 1.7pp | 2.0pp |
| Net Margin | 0.0% | 2.6% | 3.7% | -2.5pp | -3.7pp |
| EPS (Diluted) | $0.00 | $0.04 | $0.04 | -99.2% | -99.3% |
| Free Cash Flow | $2M | $6M | $2M | -65.9% | 9.4% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $13M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $525.0K |
| Interest Income | $0 |
| Interest Expense | $512.0K |
| Other Income/Expenses | -$512.0K |
| INCOME BEFORE TAX | $13.0K |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | $10.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.0K |
| D&A | $1M |
| EBIT | $525.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $13M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $525.0K |
| Interest Income | $0 |
| Interest Expense | $512.0K |
| Other Income/Expenses | -$512.0K |
| INCOME BEFORE TAX | $13.0K |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | $10.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10.0K |
| D&A | $1M |
| EBIT | $525.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $734.0K |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | -$187.0K |
| Change in Working Capital | $413.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$153.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$153.0K |
| Net Debt Issuance | -$123.0K |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$3.0K |
| Other Financing Activities | -$240.0K |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $15M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $15M |
| Goodwill | $20M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $946.0K |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $126M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $91M |
| Retained Earnings | $27M |
| Treasury Stock | -$85M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $126M |
| Total Debt | $75M |
| Net Debt | $43M |
