| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63.3K | $123.0K | $280.3K | -48.5% | -77.4% |
| Op. Income | -$950.0K | -$984.8K | -$2M | 3.5% | 40.0% |
| Gross Margin | -140.6% | -27.5% | 33.3% | -113.0pp | -173.8pp |
| Net Margin | -1406.4% | -771.1% | -562.8% | -635.2pp | -843.6pp |
| EPS (Diluted) | $-0.35 | $-0.37 | $-0.69 | 5.4% | 49.3% |
| Free Cash Flow | -$724.0K | -$768.0K | -$922.2K | 5.7% | 21.5% |
| Item | Amount |
|---|---|
| REVENUE | $63.3K |
| Cost of Revenue | $152.4K |
| GROSS PROFIT | -$89.0K |
| R&D Expenses | $187.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $673.6K |
| Other Expenses | $0 |
| Operating Expenses | $861.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$950.0K |
| Interest Income | $59.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $59.3K |
| INCOME BEFORE TAX | -$890.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$890.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$890.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$890.7K |
| D&A | $152.4K |
| EBIT | -$890.7K |
| EBITDA | -$738.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$890.7K |
| Depreciation & Amortization | $152.4K |
| Stock-Based Compensation | $55.1K |
| Deferred Income Tax | -$5.1K |
| Other Non-Cash Items | $5.1K |
| Change in Working Capital | $24.5K |
| OPERATING CASH FLOW | -$658.8K |
| Capital Expenditure | -$65.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$724.0K |
| Net Change in Cash | -$724.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $18.8K |
| Inventory | $0 |
| Other Current Assets | $76.5K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $82.6K |
| Goodwill | $0 |
| Intangible Assets | $697.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $780.3K |
| TOTAL ASSETS | $6M |
| Account Payables | $78.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $24.4K |
| Other Current Liabilities | $54.2K |
| TOTAL CURRENT LIABILITIES | $263.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $263.3K |
| Common Stock | $255 |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $0 |
| Net Debt | -$5M |
