| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $16M | $8M | 6.5% | 98.0% |
| Op. Income | -$164.0K | -$870.0K | -$2M | 81.1% | 91.8% |
| Gross Margin | 57.9% | 57.8% | 62.4% | 0.1pp | -4.5pp |
| Net Margin | 0.1% | -5.3% | -25.6% | 5.4pp | 25.7pp |
| EPS (Diluted) | $0.00 | $-0.04 | $-0.10 | 101.9% | 100.7% |
| Free Cash Flow | $4M | $7M | -$4M | -45.8% | 205.4% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10M |
| Operating Expenses | $10M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$164.0K |
| Interest Income | $280.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $181.0K |
| INCOME BEFORE TAX | $17.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $17.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17.0K |
| D&A | $338.0K |
| EBIT | -$164.0K |
| EBITDA | $174.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17.0K |
| Depreciation & Amortization | $342.0K |
| Stock-Based Compensation | $938.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$137.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$171.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$171.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10.0K |
| NET CASH FROM FINANCING | $10.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $12M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $7M |
| Goodwill | $2M |
| Intangible Assets | $4M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $53M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $71.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $131M |
| Retained Earnings | -$70M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $53M |
| Total Debt | $2M |
| Net Debt | -$22M |
