| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $16M | $12M | -7.9% | 18.1% |
| Op. Income | -$2M | -$14M | -$3M | 86.5% | 30.7% |
| Gross Margin | 9.1% | 7.8% | 7.7% | 1.4pp | 1.4pp |
| Net Margin | -12.8% | -86.8% | -3.7% | 74.0pp | -9.1pp |
| EPS (Diluted) | $-0.11 | $-0.87 | $-0.04 | 87.4% | -154.0% |
| Free Cash Flow | -$3M | -$3M | -$6M | -34.1% | 45.1% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $173.6K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $319.8K |
| Operating Expenses | $3M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$2M |
| Interest Income | $105.8K |
| Interest Expense | $168.7K |
| Other Income/Expenses | -$30.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $319.8K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $319.8K |
| Stock-Based Compensation | $340.2K |
| Deferred Income Tax | -$4.3K |
| Other Non-Cash Items | $45.1K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$82.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $209.1K |
| NET CASH FROM INVESTING | $126.5K |
| Net Debt Issuance | -$422.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19.5K |
| NET CASH FROM FINANCING | $206.9K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $865.1K |
| Short-Term Investments | $21.3K |
| Net Receivables | $21M |
| Inventory | $5M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $13M |
| Goodwill | $49.7K |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $62M |
| Account Payables | $11M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $17.8K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | -$94M |
| Treasury Stock | -$917.2K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$20 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $11M |
| Net Debt | $11M |
