| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | — | — | — |
| Op. Income | -$21M | — | — | — | — |
| Gross Margin | 48.2% | — | — | — | — |
| Net Margin | 124.6% | — | — | — | — |
| EPS (Diluted) | $0.05 | — | — | — | — |
| Free Cash Flow | -$24M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$2M |
| Operating Expenses | $23M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$21M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$262.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $887.0K |
| Deferred Income Tax | -$262.0K |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$255.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$226.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $90M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $683.0K |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $88M |
| Goodwill | $0 |
| Intangible Assets | $677.0K |
| Long-Term Investments | $8M |
| Tax Assets | -$5M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $354M |
| Account Payables | $16M |
| Short-Term Debt | $5M |
| Deferred Revenue | $121M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $264M |
| Common Stock | $4M |
| Additional Paid-In Capital | $524M |
| Retained Earnings | -$400M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $354M |
| Total Debt | $94M |
| Net Debt | -$29M |
