| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $425.0K | $414.0K | $38.0K | 2.7% | 1018.4% |
| Op. Income | -$3M | -$3M | -$3M | -22.1% | -20.6% |
| Gross Margin | 43.1% | 43.7% | 15.8% | -0.7pp | 27.3pp |
| Net Margin | -685.2% | -560.4% | -6657.9% | -124.8pp | 5972.7pp |
| EPS (Diluted) | $-1.79 | $-1.38 | $-1.57 | -29.7% | -14.0% |
| Free Cash Flow | -$3M | -$2M | -$3M | -69.8% | -10.3% |
| Item | Amount |
|---|---|
| REVENUE | $425.0K |
| Cost of Revenue | $242.0K |
| GROSS PROFIT | $183.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $423.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| 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 | $185.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $185.0K |
| Stock-Based Compensation | $364.0K |
| Deferred Income Tax | $261.0K |
| Other Non-Cash Items | -$257.0K |
| Change in Working Capital | -$691.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$24.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$45.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$45.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $26M |
| Net Receivables | $391.0K |
| Inventory | $2M |
| Other Current Assets | $296.0K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $45M |
| Account Payables | $646.0K |
| Short-Term Debt | $312.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $723.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39.0K |
| TOTAL NON-CURRENT LIABILITIES | $267.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $191M |
| Additional Paid-In Capital | $81M |
| Retained Earnings | -$228M |
| Treasury Stock | -$119.0K |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $540.0K |
| Net Debt | -$13M |
