| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $7M | -5.2% | 22.0% |
| Op. Income | -$1M | -$2M | -$857.0K | 5.3% | -65.8% |
| Gross Margin | 73.1% | 74.8% | 92.4% | -1.7pp | -19.3pp |
| Net Margin | -16.6% | -16.6% | -12.2% | 0.0pp | -4.4pp |
| EPS (Diluted) | $-0.32 | $-0.74 | $-0.20 | 56.8% | -60.0% |
| Free Cash Flow | -$2M | -$2M | -$10M | -3.0% | 81.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $69.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $4M |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$1M |
| Interest Income | $8M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| 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 | $260.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $260.0K |
| Stock-Based Compensation | $175.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $116.0K |
| Change in Working Capital | -$839.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$66.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $879.0K |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$861.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $52M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $587M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $616M |
| TOTAL ASSETS | $712M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $593M |
| TOTAL CURRENT LIABILITIES | $593M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $669M |
| Common Stock | $70.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$50M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43M |
| Minority Interest | $0 |
| TOTAL EQUITY | $43M |
| TOTAL LIABILITIES & EQUITY | $712M |
| Total Debt | $64M |
| Net Debt | $22M |
