Income Statement

Metrics2023
Revenue & Cost
Total Revenue$20.45M
Cost of Revenue$3.42M
Gross Profit$17.04M
Gross Margin %83.30%
Operating Expenses
R&D Expenses-
SG&A Expenses$10.82M
Other Operating Expenses$1.19M
Total Operating Expenses$12.01M
Operating Performance
Operating Income$5.02M
Operating Margin %24.56%
EBITDA$7.61M
EBITDA Margin %37.21%
Other Income/Expenses
Interest Expense$28.17K
Other Income/Expenses Net$1.31M
Income Before Tax$6.33M
Income Tax Expense$374.49K
Net Performance
Net Income$5.96M
Net Margin %29.13%
EPS$0.30
Diluted EPS$0.29

Financial Visualization

Balance Sheet

Metrics2023
Assets
Current Assets
Cash & Cash Equivalents$25.15M
Short Term Investments-
Net Receivables$3.86M
Inventory-
Other Current Assets$286.00K
Total Current Assets$29.30M
Non-Current Assets
Property, Plant & Equipment (Net)$763.58K
Long Term Investments$108.05K
Tax Assets$-108.05K
Other Non-Current Assets$133.08K
Total Non-Current Assets$22.30M
Total Assets
Total Assets$51.60M
Liabilities
Current Liabilities
Accounts Payable$265.09K
Short Term Debt$346.12K
Tax Payables$231.94K
Deferred Revenue$2.44M
Other Current Liabilities$2.10M
Total Current Liabilities$4.54M
Non-Current Liabilities
Long Term Debt$198.97K
Other Non-Current Liabilities-
Total Non-Current Liabilities$198.97K
Total Liabilities
Total Liabilities$4.74M
Shareholders Equity
Equity Components
Common Stock$182.35K
Retained Earnings$-17.96M
Accumulated Other Comprehensive Income/Loss$-27.39K
Total Shareholders Equity$46.85M
Key Metrics
Balance Check
Total Liabilities & Equity$51.60M
Total Debt$481.02K
Net Debt$-24.67M

Balance Sheet Analysis

Cash Flow Statement

Metrics2023
Operating Activities
Core Operations
Net Income$5.96M
Depreciation & Amortization$1.25M
Stock Based Compensation$367.15K
Working Capital Changes
Change in Accounts Receivable$-1.40M
Change in Inventory-
Change in Accounts Payable$-166.30K
Other Working Capital Changes$538.23K
Total Working Capital Change$-986.01K
Other Operating
Other Non-Cash Items$742.15K
Net Cash from Operations$6.96M
Investing Activities
Capital Investments
Capital Expenditures$-73.32K
Purchase of Investments$-27.39K
Sale of Investments-
Other Investing Activities-
Net Cash from Investing$-100.71K
Financing Activities
Debt & Equity
Debt Repayment$-207.32K
Stock Repurchases$-3.88M
Dividends Paid$-1.72M
Other Financing Activities$-3.98M
Net Cash from Financing$-5.70M
Cash Position
Summary
Net Change in Cash$1.16M
Cash at Beginning of Period$23.99M
Cash at End of Period$25.15M
Key Metrics
Operating Cash Flow$6.96M
Capital Expenditure$-73.32K
Free Cash Flow$6.89M

Cash Flow Analysis