| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $511.3K | $245.3K | $101.7K | 108.4% | 402.7% |
| Op. Income | -$611.9K | -$1M | -$491.9K | 44.6% | -24.4% |
| Gross Margin | 20.4% | 44.4% | -16.5% | -24.0pp | 36.8pp |
| Net Margin | -181.9% | -474.0% | -462.7% | 292.2pp | 280.9pp |
| EPS (Diluted) | $-0.00 | $-0.00 | $-0.00 | 21.3% | -94.7% |
| Free Cash Flow | -$125.0K | $323.1K | -$611.9K | -138.7% | 79.6% |
| Item | Amount |
|---|---|
| REVENUE | $511.3K |
| Cost of Revenue | $407.2K |
| GROSS PROFIT | $104.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $349.2K |
| General & Administrative | $144.3K |
| SG&A Expenses | $493.4K |
| Other Expenses | $222.5K |
| Operating Expenses | $716.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$611.9K |
| Interest Income | $14.8K |
| Interest Expense | $99.4K |
| Other Income/Expenses | -$318.0K |
| INCOME BEFORE TAX | -$929.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$929.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$929.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$929.9K |
| D&A | $222.5K |
| EBIT | -$830.5K |
| EBITDA | -$607.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$929.9K |
| Depreciation & Amortization | $222.5K |
| Stock-Based Compensation | $279.5K |
| Deferred Income Tax | -$127.6K |
| Other Non-Cash Items | $355.1K |
| Change in Working Capital | $155.1K |
| OPERATING CASH FLOW | -$45.3K |
| Capital Expenditure | -$79.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$79.7K |
| Net Debt Issuance | $325.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $325.0K |
| FREE CASH FLOW | -$125.0K |
| Net Change in Cash | $200.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $470.5K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $153.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $944.2K |
| Tax Assets | $0 |
| Other Non-Current Assets | $561.7K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $9M |
| Account Payables | $202.5K |
| Short-Term Debt | $2M |
| Deferred Revenue | $86.2K |
| Other Current Liabilities | $152.6K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $365.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $365.3K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $2M |
| Net Debt | $2M |
