| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252.7K | $4M | $602.0K | -92.9% | -58.0% |
| Op. Income | -$10M | -$12M | -$10M | 13.2% | -3.1% |
| Gross Margin | 7.2% | 16.5% | 16.6% | -9.3pp | -9.3pp |
| Net Margin | -3684.4% | -412.8% | -956.1% | -3271.5pp | -2728.2pp |
| EPS (Diluted) | $-9.36 | $-14.10 | $-5.86 | 33.6% | -59.7% |
| Free Cash Flow | -$9M | -$5M | -$6M | -69.6% | -45.8% |
| Item | Amount |
|---|---|
| REVENUE | $252.7K |
| Cost of Revenue | $234.5K |
| GROSS PROFIT | $18.2K |
| R&D Expenses | $6M |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $115.5K |
| Operating Expenses | $10M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$10M |
| Interest Income | $362.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $970.1K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $22.8K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $330.6K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $330.6K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$564.8K |
| Change in Working Capital | -$515.3K |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$402.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$307.9K |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17M |
| 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 | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $27M |
| Net Receivables | $434.9K |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $54M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | $702.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $87M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $306.5K |
| Other Current Liabilities | $750.9K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $36.1K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | -$5M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | $226.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $87M |
| Total Debt | $3M |
| Net Debt | -$20M |
