| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $12M | $6M | -42.4% | 13.7% |
| Op. Income | -$3M | $1M | -$3M | -337.8% | -1.5% |
| Gross Margin | 45.5% | 62.6% | 44.3% | -17.1pp | 1.2pp |
| Net Margin | -37.3% | 10.2% | -41.9% | -47.5pp | 4.6pp |
| EPS (Diluted) | $-0.17 | $0.08 | $-0.16 | -307.1% | -3.6% |
| Free Cash Flow | $0 | $0 | $80.8K | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $150.5K |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | -$3.4K |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$3M |
| Interest Income | $48.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $48.6K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$494.5K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $82 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $156.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $199.8K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $10M |
| Goodwill | $29M |
| Intangible Assets | $8M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $68M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $691.1K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | -$60M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | -$9.4K |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $5M |
| Net Debt | -$3M |
