| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $9M | $3M | -72.8% | -32.5% |
| Op. Income | -$8M | -$14M | -$11M | 43.6% | 25.7% |
| Gross Margin | 7.2% | 2.3% | 5.6% | 4.9pp | 1.6pp |
| Net Margin | -394.0% | -151.8% | -315.7% | -242.2pp | -78.2pp |
| EPS (Diluted) | $-18.00 | $-25.20 | $-21.60 | 28.6% | 16.7% |
| Free Cash Flow | -$9M | -$11M | -$20M | 18.4% | 54.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $169.2K |
| R&D Expenses | $2M |
| Selling & Marketing | $618.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$8M |
| Interest Income | $73.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $106.9K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$12.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$18 |
| EPS Diluted | -$18 |
| Item | Amount |
|---|---|
| Net Income | $0 |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$327.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $573.4K |
| Other Investing Activities | $60.9K |
| NET CASH FROM INVESTING | $306.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $4M |
| Net Receivables | $11M |
| Inventory | $44M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $39M |
| Goodwill | $218.0K |
| Intangible Assets | $7M |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $78M |
| TOTAL ASSETS | $173M |
| Account Payables | $7M |
| Short-Term Debt | $10M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $26.0K |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $210.6K |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $0 |
| Additional Paid-In Capital | $403M |
| Retained Earnings | -$283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | -$4.4K |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $173M |
| Total Debt | $30M |
| Net Debt | $9M |
