| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $601.8K | — | 158.2% | — |
| Op. Income | $480.1K | -$366.4K | — | 231.0% | — |
| Gross Margin | 68.7% | -0.3% | — | 69.0pp | — |
| Net Margin | 21.2% | -53.7% | — | 74.9pp | — |
| EPS (Diluted) | $0.03 | $-0.03 | — | 202.0% | — |
| Free Cash Flow | $370.2K | -$118.1K | — | 413.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $486.2K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $537.4K |
| SG&A Expenses | $537.4K |
| Other Expenses | $50.0K |
| Operating Expenses | $587.4K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $480.1K |
| Interest Income | $0 |
| Interest Expense | $10.2K |
| Other Income/Expenses | $9.3K |
| INCOME BEFORE TAX | $489.4K |
| Income Tax Expense | $160.0K |
| Net Income from Continuing Ops | $329.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $329.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $329.4K |
| D&A | $50.0K |
| EBIT | $499.6K |
| EBITDA | $549.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $486.2K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $537.4K |
| SG&A Expenses | $537.4K |
| Other Expenses | $50.0K |
| Operating Expenses | $587.4K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $480.1K |
| Interest Income | $0 |
| Interest Expense | $10.2K |
| Other Income/Expenses | $9.3K |
| INCOME BEFORE TAX | $489.4K |
| Income Tax Expense | $160.0K |
| Net Income from Continuing Ops | $329.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $329.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $329.4K |
| D&A | $50.0K |
| EBIT | $499.6K |
| EBITDA | $549.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $329.4K |
| Depreciation & Amortization | $50.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $89.0K |
| Change in Working Capital | $1.7K |
| OPERATING CASH FLOW | $470.1K |
| Capital Expenditure | -$99.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99.9K |
| Net Debt Issuance | -$37.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$96.4K |
| NET CASH FROM FINANCING | -$134.2K |
| FREE CASH FLOW | $370.2K |
| Net Change in Cash | $236.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $882.3K |
| Short-Term Investments | $0 |
| Net Receivables | $33.6K |
| Inventory | $56.7K |
| Other Current Assets | $512.2K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $85.8K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $5M |
| Account Payables | $238.0K |
| Short-Term Debt | $138.4K |
| Deferred Revenue | $182.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $609.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57.8K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $778.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $10.9K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$509.2K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$18.2K |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $1M |
| Net Debt | $173.6K |
