| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $28M | $18M | -93.2% | -89.5% |
| Op. Income | -$7M | -$16M | $11M | 55.1% | -164.0% |
| Gross Margin | 44.8% | 3.7% | 3.5% | 41.1pp | 41.3pp |
| Net Margin | -389.9% | -41.8% | 44.0% | -348.1pp | -434.0pp |
| EPS (Diluted) | $-11.00 | $-24.50 | $16.50 | 55.1% | -166.7% |
| Free Cash Flow | -$295.4K | -$295.4K | -$555.8K | 0.0% | 46.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $857.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $77.4K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$295.4K |
| 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 | $243.8K |
| NET CASH FROM FINANCING | $243.8K |
| FREE CASH FLOW | -$295.4K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $1M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $38.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $71M |
| Account Payables | $20M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36.7K |
| TOTAL NON-CURRENT LIABILITIES | $36.7K |
| TOTAL LIABILITIES | $66M |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $27M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $10M |
| Net Debt | $9M |
