| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $97.3K | -0.8% | 1407.1% |
| Op. Income | -$1M | -$1M | -$606.5K | 29.0% | -69.0% |
| Gross Margin | 19.3% | -1.4% | -30.5% | 20.7pp | 49.8pp |
| Net Margin | -71.6% | -99.4% | -798.3% | 27.7pp | 726.7pp |
| EPS (Diluted) | $-0.26 | $-0.36 | $-0.65 | 27.8% | 60.0% |
| Free Cash Flow | -$553.6K | -$321.1K | -$656.6K | -72.4% | 15.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $283.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $57.1K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $2.9K |
| Interest Expense | $28.7K |
| Other Income/Expenses | -$25.9K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $56.3K |
| EBIT | -$1M |
| EBITDA | -$965.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $56.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $540.6K |
| Change in Working Capital | -$49.6K |
| OPERATING CASH FLOW | -$503.6K |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9.9K |
| NET CASH FROM INVESTING | -$40.1K |
| Net Debt Issuance | $137.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $137.6K |
| FREE CASH FLOW | -$553.6K |
| Net Change in Cash | -$406.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251.7K |
| Short-Term Investments | $0 |
| Net Receivables | $500.0K |
| Inventory | $438.0K |
| Other Current Assets | $22.4K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $374.7K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $3M |
| Account Payables | $397.1K |
| Short-Term Debt | $350.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $869.8K |
| Long-Term Debt | $34.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $127.3K |
| TOTAL LIABILITIES | $997.1K |
| Common Stock | $4.1K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $36.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $509.8K |
| Net Debt | $258.1K |
