| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | — | — | — | — |
| Op. Income | -$92M | — | — | — | — |
| Gross Margin | 32.4% | — | — | — | — |
| Net Margin | -137.6% | — | — | — | — |
| EPS (Diluted) | $-0.53 | — | — | — | — |
| Free Cash Flow | -$76M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $26M |
| R&D Expenses | $34M |
| Selling & Marketing | $38M |
| General & Administrative | $45M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $173M |
| OPERATING INCOME | -$92M |
| Interest Income | $2M |
| Interest Expense | $9M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$111M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | -$23M |
| BOTTOM LINE NET INCOME | -$134M |
| D&A | $18M |
| EBIT | -$102M |
| EBITDA | -$84M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$74M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $61M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $60M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $210.0K |
| NET CASH FROM FINANCING | $200M |
| FREE CASH FLOW | -$76M |
| Net Change in Cash | $186M |
