| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $6.94M | $2.59M | $1.80M | $-5.61M | $3.08M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $363.41K | $305.10K |
| Gross Profit | $0.00 | $0.00 | $0.00 | $-5.98M | $2.78M |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 106.47% | 90.10% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $247.06K | $247.77K | $239.54K | $248.99K | $240.95K |
| Other Operating Expenses | $-18.04K | $-90.58K | $-75.68K | $-104.53K | - |
| Total Operating Expenses | $229.02K | $157.20K | $163.86K | $144.45K | $573.87K |
| Operating Performance | |||||
| Operating Income | $0.00 | $0.00 | $0.00 | $-5.41M | $2.20M |
| Operating Margin % | 0.00% | 0.00% | 0.00% | 96.42% | 71.47% |
| EBITDA | $7.28M | $2.66M | $1.79M | $-5.41M | $3.76M |
| EBITDA Margin % | 104.94% | 102.60% | 99.01% | 96.42% | 121.93% |
| Other Income/Expenses | |||||
| Interest Expense | $571.70K | $224.59K | $146.06K | $345.56K | $905.52K |
| Other Income/Expenses Net | $0.00 | $0.00 | $0.00 | $-345.56K | $649.08K |
| Income Before Tax | $6.71M | $2.43M | $1.64M | $-5.76M | $2.85M |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $2.51M | - |
| Net Performance | |||||
| Net Income | $6.71M | $2.43M | $1.64M | $-5.76M | $2.85M |
| Net Margin % | 96.70% | 93.93% | 90.91% | 102.57% | 92.54% |
| EPS | $0.34 | $0.14 | $0.09 | $-0.30 | $0.15 |
| Diluted EPS | $0.34 | $0.14 | $0.09 | $-0.30 | $0.15 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $55.06K | $704.00 | $2.51K | $2.18K | $5.00 |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | $1.22M | $906.26K | $954.72K | $892.09K | $881.75K |
| Inventory | - | - | - | $0.00 | $2.69M |
| Other Current Assets | - | - | - | $-1.69M | $-2.69M |
| Total Current Assets | - | - | - | $894.27K | $881.76K |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | - | - | - | - | - |
| Long Term Investments | $70.64M | $65.91M | $62.59M | $50.85M | $48.32M |
| Tax Assets | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | $-50.85M | $-48.32M |
| Total Non-Current Assets | - | - | - | $50.85M | $48.32M |
| Total Assets | |||||
| Total Assets | $71.92M | $66.82M | $63.56M | $51.76M | $49.21M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $1.38M | $599.85K | - | $77.75K | $483.54K |
| Short Term Debt | - | - | - | $16.00M | $15.00M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | $-16.00M | $-14.52M |
| Other Current Liabilities | - | - | - | $20.83K | $-967.08K |
| Total Current Liabilities | - | - | - | $98.58K | $483.54K |
| Non-Current Liabilities | |||||
| Long Term Debt | $20.00M | $18.50M | $18.50M | $16.00M | $15.00M |
| Other Non-Current Liabilities | - | - | - | $-15.90M | $-15.00M |
| Total Non-Current Liabilities | $20.00M | $18.50M | $18.50M | $98.58K | $15.00M |
| Total Liabilities | |||||
| Total Liabilities | $21.54M | $19.23M | $18.62M | $16.21M | $15.60M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $54.06M | $51.73M | $50.16M | $48.84M | $45.79M |
| Retained Earnings | $-3.67M | $-4.15M | $-5.21M | $-13.30M | $-12.18M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | - | $0.00 |
| Total Shareholders Equity | $50.39M | $47.58M | $44.94M | $35.54M | $33.61M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $71.92M | $66.82M | $63.56M | $51.76M | $49.21M |
| Total Debt | $20.00M | $18.50M | $18.50M | $16.00M | $15.00M |
| Net Debt | $19.94M | $18.50M | $18.50M | $16.00M | $15.00M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $6.71M | $2.43M | $1.64M | $-5.76M | $2.85M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock Based Compensation | - | - | - | - | - |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $69.26K | $50.66K |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | - | - | - | - | - |
| Other Working Capital Changes | - | - | - | $5.56K | $17.20K |
| Total Working Capital Change | $60.08K | $45.85K | $-14.61K | $74.82K | $67.86K |
| Other Operating | |||||
| Other Non-Cash Items | $-1.87M | $4.19M | $2.67M | $11.82M | $2.82M |
| Net Cash from Operations | $4.90M | $6.67M | $4.29M | $6.14M | $5.74M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | - | $2.00 |
| Purchase of Investments | - | - | - | $-18.19M | $-22.03M |
| Sale of Investments | - | - | - | $21.91M | $27.09M |
| Other Investing Activities | - | - | - | - | - |
| Net Cash from Investing | - | - | - | $3.72M | $5.06M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | - | - | - | $-2.50M | $-1.00M |
| Stock Repurchases | $-257.53K | $-826.31K | - | - | $-1.48M |
| Dividends Paid | $-4.59M | $-4.41M | $-4.28M | $-3.64M | $-3.26M |
| Other Financing Activities | - | $-1.50M | - | $-2.50M | $-13.71K |
| Net Cash from Financing | $-4.85M | $-6.73M | $-4.28M | $-6.14M | $-5.75M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $57.41K | $-66.12K | $13.70K | $-2.82K | $-11.58K |
| Cash at Beginning of Period | $9.41K | $66.83K | $704.00 | $14.41K | $11.59K |
| Cash at End of Period | $66.83K | $704.00 | $14.41K | $11.59K | $5.00 |
| Key Metrics | |||||
| Operating Cash Flow | $4.90M | $6.67M | $4.29M | $6.14M | $5.74M |
| Capital Expenditure | - | - | - | - | $2.00 |
| Free Cash Flow | $4.90M | $6.67M | $4.29M | $6.14M | $5.74M |