| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $411.1K | $350.2K | $467.2K | 17.4% | -12.0% |
| Op. Income | -$1M | -$1M | -$274.0K | 18.3% | -271.6% |
| Gross Margin | 97.9% | 100.0% | 100.0% | -2.1pp | -2.1pp |
| Net Margin | -234.5% | -336.2% | -47.1% | 101.7pp | -187.4pp |
| EPS (Diluted) | $-0.10 | $-0.19 | $-0.03 | 47.7% | -295.7% |
| Free Cash Flow | -$1M | -$679.4K | -$213.7K | -69.7% | -439.3% |
| Item | Amount |
|---|---|
| REVENUE | $411.1K |
| Cost of Revenue | $8.6K |
| GROSS PROFIT | $402.5K |
| R&D Expenses | $173.4K |
| Selling & Marketing | $55.1K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $73.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $51.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $54.2K |
| INCOME BEFORE TAX | -$964.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$964.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$964.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$964.1K |
| D&A | $73.0K |
| EBIT | -$1M |
| EBITDA | -$945.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$964.1K |
| Depreciation & Amortization | $73.0K |
| Stock-Based Compensation | $108.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$363.3K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$6.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1.2K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $120.8K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $83.8K |
| Goodwill | $606.7K |
| Intangible Assets | $604.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18.1K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $5M |
| Account Payables | $212.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $83.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $349.9K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178.8K |
| TOTAL NON-CURRENT LIABILITIES | $178.8K |
| TOTAL LIABILITIES | $528.7K |
| Common Stock | $110 |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $54.5K |
| Net Debt | -$4M |
