| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$14M | -$12M | -$7M | -22.3% | -99.8% |
| EPS (Diluted) | $-0.50 | $-0.42 | $-0.27 | -19.0% | -85.2% |
| Free Cash Flow | -$11M | -$12M | -$8M | 5.6% | -48.5% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $97.0K |
| GROSS PROFIT | -$97.0K |
| R&D Expenses | $10M |
| Selling & Marketing | -$97.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$14M |
| Interest Income | $2M |
| Interest Expense | $346.0K |
| Other Income/Expenses | $969.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $97.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $97.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $413.0K |
| Change in Working Capital | -$255.0K |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$224.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$224.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $135M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $123M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $150.0K |
| TOTAL CURRENT ASSETS | $208M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $58.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $210M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $284M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $0 |
| TOTAL EQUITY | $193M |
| TOTAL LIABILITIES & EQUITY | $210M |
| Total Debt | $10M |
| Net Debt | -$196M |
