| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $28.85M | $11.23M | $15.53M | $-21.76M | $26.60M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $975.47K | $897.72K |
| Gross Profit | $0.00 | $0.00 | $0.00 | $-22.74M | $25.71M |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 104.48% | 96.63% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $546.41K | $452.54K | $507.18K | $583.54K | $550.77K |
| Other Operating Expenses | $43.65K | $47.77K | $47.65K | $-32.26M | $26.05M |
| Total Operating Expenses | $590.05K | $500.31K | $554.83K | $634.10K | $26.60M |
| Operating Performance | |||||
| Operating Income | $0.00 | $0.00 | $0.00 | $13.81M | $29.37M |
| Operating Margin % | 0.00% | 0.00% | 0.00% | -63.45% | 110.41% |
| EBITDA | $30.29M | $11.56M | $15.47M | $-37.81M | $29.37M |
| EBITDA Margin % | 105.01% | 102.92% | 99.61% | 173.71% | 110.41% |
| Other Income/Expenses | |||||
| Interest Expense | $2.03M | $828.09K | $494.79K | $1.60M | $3.31M |
| Other Income/Expenses Net | $0.00 | $0.00 | $0.00 | $-36.21M | $-3.37M |
| Income Before Tax | $28.26M | $10.73M | $14.98M | $-22.40M | $26.00M |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $-37.81M | - |
| Net Performance | |||||
| Net Income | $28.26M | $10.73M | $14.98M | $-22.40M | $26.00M |
| Net Margin % | 97.95% | 95.55% | 96.43% | 102.91% | 97.74% |
| EPS | $0.54 | $0.21 | $0.28 | $-0.43 | $0.49 |
| Diluted EPS | $0.54 | $0.21 | $0.28 | $-0.43 | $0.49 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $10.87M | $11.32M | $57.22K | $86.79K | $194.99K |
| Short Term Investments | - | - | - | $-13.75M | $8.49M |
| Net Receivables | $3.35M | $5.63M | $3.49M | $3.54M | $4.37M |
| Inventory | - | - | - | $21.86M | - |
| Other Current Assets | - | - | - | $-14.93M | $-13.06M |
| Total Current Assets | - | - | - | $10.64M | $5.17M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | - | - | - | - | - |
| Long Term Investments | $240.70M | $227.06M | $243.44M | $211.26M | $211.54M |
| Tax Assets | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | $-13.75M | $-211.54M |
| Total Non-Current Assets | - | - | - | $197.51M | $211.54M |
| Total Assets | |||||
| Total Assets | $254.92M | $244.01M | $247.43M | $215.46M | $216.70M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $3.09M | $2.00M | $4.81M | $3.56M | $425.29K |
| Short Term Debt | - | - | - | - | - |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - |
| Other Current Liabilities | - | - | - | $67.99M | $-425.29K |
| Total Current Liabilities | - | - | - | $71.55M | $7.80M |
| Non-Current Liabilities | |||||
| Long Term Debt | $60.25M | $56.80M | $58.50M | $60.50M | - |
| Other Non-Current Liabilities | - | - | - | $-60.50M | - |
| Total Non-Current Liabilities | - | - | - | $60.50M | - |
| Total Liabilities | |||||
| Total Liabilities | $72.89M | $65.37M | $67.82M | $71.55M | $60.55M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $52.31K | $52.31K | $52.34K | $52.63K | $52.78K |
| Retained Earnings | $-14.15M | $-17.54M | $-15.35M | $-49.97M | $-36.96M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | - | - |
| Total Shareholders Equity | $182.03M | $178.64M | $179.61M | $143.91M | $156.15M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $254.92M | $244.01M | $247.43M | $215.46M | $216.70M |
| Total Debt | $60.25M | $56.80M | $58.50M | $60.50M | $52.50M |
| Net Debt | $49.38M | $45.48M | $58.44M | $60.41M | $52.04M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $28.26M | $10.73M | $14.98M | $-22.40M | $26.00M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock Based Compensation | - | - | - | - | - |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-430.65K | $-112.64K |
| Change in Inventory | - | - | - | $53.49K | - |
| Change in Accounts Payable | - | - | - | $-53.49K | $6.23K |
| Other Working Capital Changes | - | - | - | $2.73M | $333.97K |
| Total Working Capital Change | $-1.91M | $-2.61M | $-2.66M | $2.30M | $227.57K |
| Other Operating | |||||
| Other Non-Cash Items | $4.38M | $10.19M | $-11.58M | $31.50M | $-14.20M |
| Net Cash from Operations | $30.72M | $18.32M | $744.03K | $11.41M | $12.03M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | - | $-2.00 |
| Purchase of Investments | - | - | - | $-95.36M | $-82.96M |
| Sale of Investments | - | - | - | $91.74M | $89.87M |
| Other Investing Activities | - | - | - | - | - |
| Net Cash from Investing | - | - | - | $-3.62M | $6.92M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-36.50M | $-13.75M | $-3.50M | $-8.00M | $-8.00M |
| Stock Repurchases | - | - | - | $7.19M | - |
| Dividends Paid | $-14.12M | $-14.12M | $-14.01M | $-14.11M | $-14.13M |
| Other Financing Activities | $26.00M | $10.00M | $5.50M | $2.81M | - |
| Net Cash from Financing | $-24.62M | $-17.87M | $-12.01M | $-11.30M | $-21.91M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $6.10M | $449.61K | $-11.26M | $105.98K | $292.38K |
| Cash at Beginning of Period | $4.77M | $10.87M | $11.32M | $57.36K | $163.34K |
| Cash at End of Period | $10.87M | $11.32M | $57.36K | $163.34K | $455.72K |
| Key Metrics | |||||
| Operating Cash Flow | $30.72M | $18.32M | $744.03K | $11.41M | $12.03M |
| Capital Expenditure | - | - | - | - | $-2.00 |
| Free Cash Flow | $30.72M | $18.32M | $744.03K | $11.41M | $12.03M |