| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | -1.1% | -8.0% |
| Op. Income | -$635.0K | -$8M | -$362.0K | 92.3% | -75.4% |
| Gross Margin | 68.0% | 68.2% | 68.7% | -0.3pp | -0.7pp |
| Net Margin | -16.6% | -212.3% | -2.0% | 195.7pp | -14.6pp |
| EPS (Diluted) | $-0.06 | $-0.77 | $-0.01 | 92.2% | -675.3% |
| Free Cash Flow | -$896.0K | -$74.0K | -$88.0K | -1110.8% | -918.2% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $913.0K |
| General & Administrative | $781.0K |
| SG&A Expenses | $2M |
| Other Expenses | $400.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$635.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $18.0K |
| INCOME BEFORE TAX | -$617.0K |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | -$622.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$622.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$622.0K |
| D&A | $391.0K |
| EBIT | -$617.0K |
| EBITDA | -$226.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$622.0K |
| Depreciation & Amortization | $391.0K |
| Stock-Based Compensation | $112.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18.0K |
| Change in Working Capital | -$759.0K |
| OPERATING CASH FLOW | -$896.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$84.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$84.0K |
| FREE CASH FLOW | -$896.0K |
| Net Change in Cash | -$968.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $463.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $406.0K |
| Goodwill | $8M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $61.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $17M |
| Account Payables | $1M |
| Short-Term Debt | $213.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $587.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $433.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $738.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $101M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$267.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $940.0K |
| Net Debt | -$469.0K |
