| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | -0.3% | -8.3% |
| Op. Income | -$3M | -$3M | -$2M | -6.4% | -41.3% |
| Gross Margin | 64.7% | 71.0% | 65.0% | -6.3pp | -0.3pp |
| Net Margin | -397.4% | -588.5% | -319.9% | 191.0pp | -77.6pp |
| EPS (Diluted) | $-1.64 | $-19.89 | $-29.50 | 91.7% | 94.4% |
| Free Cash Flow | -$2M | $4M | -$1M | -149.7% | -43.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $381.4K |
| GROSS PROFIT | $698.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $1.6K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$888.8K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$933 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $45.3K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $45.3K |
| Stock-Based Compensation | $42.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $893.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$2M |
| 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 | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $34.7K |
| Inventory | $0 |
| Other Current Assets | $12.7K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $93.4K |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $38.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $4M |
| Account Payables | $8M |
| Short-Term Debt | $17M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75.0K |
| TOTAL NON-CURRENT LIABILITIES | $75.0K |
| TOTAL LIABILITIES | $35M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$31M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$31M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $17M |
| Net Debt | $16M |
