| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.0K | $550.0K | $0 | -96.7% | — |
| Op. Income | -$5M | -$5M | -$5M | -4.9% | 2.6% |
| Gross Margin | -83.3% | 94.9% | — | -178.2pp | — |
| Net Margin | -26788.9% | -832.7% | — | -25956.2pp | — |
| EPS (Diluted) | $-0.19 | $-0.18 | $-0.20 | -5.6% | 5.0% |
| Free Cash Flow | -$4M | -$3M | -$4M | -42.7% | 2.4% |
| Item | Amount |
|---|---|
| REVENUE | $18.0K |
| Cost of Revenue | $33.0K |
| GROSS PROFIT | -$15.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $350.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $205.0K |
| Interest Expense | $39.0K |
| Other Income/Expenses | $212.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $356.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $356.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$46.0K |
| Change in Working Capital | -$661.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$193.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $86.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $4M |
| Net Receivables | $73.0K |
| Inventory | $0 |
| Other Current Assets | $328.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $105.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $23M |
| Account Payables | $601.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $17.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | -$208M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $3M |
| Net Debt | -$12M |
