| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $10M | — | 61.8% | — |
| Op. Income | -$4M | -$7M | — | 39.6% | — |
| Gross Margin | 11.1% | -7.2% | — | 18.3pp | — |
| Net Margin | -18.7% | -95.1% | — | 76.4pp | — |
| EPS (Diluted) | $-21.60 | $-40.80 | — | 47.1% | — |
| Free Cash Flow | $3M | -$2M | — | 295.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $340.0K |
| 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 | $5M |
| EBIT | -$498.0K |
| EBITDA | $5M |
| EPS | -$22 |
| EPS Diluted | -$22 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $779.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $810.0K |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $400.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $71M |
| Account Payables | $11M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $763.0K |
| Additional Paid-In Capital | $220M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $52M |
| Net Debt | $39M |
