| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $14M | $10M | -15.0% | 23.5% |
| Op. Income | -$76.0K | $2M | -$90.0K | -103.8% | 15.6% |
| Gross Margin | 46.9% | 51.8% | 51.2% | -4.9pp | -4.3pp |
| Net Margin | -0.9% | 9.8% | -10.1% | -10.7pp | 9.2pp |
| EPS (Diluted) | $-0.01 | $0.14 | $-0.14 | -107.5% | 92.5% |
| Free Cash Flow | $1M | -$4M | $3M | 127.5% | -60.9% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $6M |
| R&D Expenses | $508.0K |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | -$508.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$76.0K |
| Interest Income | $0 |
| Interest Expense | $663.0K |
| Other Income/Expenses | -$24.0K |
| INCOME BEFORE TAX | -$100.0K |
| Income Tax Expense | $9.0K |
| Net Income from Continuing Ops | -$109.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$109.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$109.0K |
| D&A | $839.0K |
| EBIT | $563.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$109.0K |
| Depreciation & Amortization | $839.0K |
| Stock-Based Compensation | $3.0K |
| Deferred Income Tax | $4.0K |
| Other Non-Cash Items | -$244.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$830.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$830.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$11.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $3M |
| Other Current Assets | $837.0K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $1M |
| Goodwill | $26M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $112.0K |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $68M |
| Account Payables | $5M |
| Short-Term Debt | $13M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178.0K |
| TOTAL NON-CURRENT LIABILITIES | $622.0K |
| TOTAL LIABILITIES | $39M |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $14M |
| Net Debt | $11M |
