| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 4.8% | 0.2% |
| Op. Income | -$79.0K | $256.7K | -$50.6K | -130.8% | -56.1% |
| Gross Margin | 15.3% | 11.7% | 15.5% | 3.6pp | -0.2pp |
| Net Margin | -4.4% | 13.5% | -2.9% | -17.9pp | -1.5pp |
| EPS (Diluted) | $-0.06 | $0.17 | $-0.00 | -134.5% | -1122.9% |
| Free Cash Flow | -$59.1K | -$262.8K | -$116.6K | 77.5% | 49.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $365.0K |
| R&D Expenses | $11.5K |
| Selling & Marketing | $153.9K |
| General & Administrative | $315.8K |
| SG&A Expenses | $469.7K |
| Other Expenses | -$37.1K |
| Operating Expenses | $444.1K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$79.0K |
| Interest Income | $29.0K |
| Interest Expense | $4.7K |
| Other Income/Expenses | -$4.7K |
| INCOME BEFORE TAX | -$83.7K |
| Income Tax Expense | $20.1K |
| Net Income from Continuing Ops | -$103.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$103.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$103.8K |
| D&A | $29.6K |
| EBIT | -$79.0K |
| EBITDA | -$49.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$103.8K |
| Depreciation & Amortization | $29.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33.1K |
| Change in Working Capital | $3.9K |
| OPERATING CASH FLOW | -$37.2K |
| Capital Expenditure | -$21.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$194.7K |
| Sales/Maturities of Investments | $211.3K |
| Other Investing Activities | $8.9K |
| NET CASH FROM INVESTING | $3.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26.9K |
| NET CASH FROM FINANCING | $26.9K |
| FREE CASH FLOW | -$59.1K |
| Net Change in Cash | -$79.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $890.0K |
| Inventory | $1M |
| Other Current Assets | $106.3K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $11M |
| Account Payables | $1M |
| Short-Term Debt | $32.5K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $254.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11.9K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $100.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $17M |
| Additional Paid-In Capital | -$5M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$887.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $121.4K |
| Net Debt | -$6M |
