| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $4M | — | 215.7% |
| Op. Income | $846.9K | — | -$3M | — | 125.5% |
| Gross Margin | 0.1% | — | -59.5% | — | 59.6pp |
| Net Margin | 37.4% | — | -221.5% | — | 258.9pp |
| EPS (Diluted) | $0.16 | — | $-0.50 | — | 132.0% |
| Free Cash Flow | -$4M | — | $2M | — | -284.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $7.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$2M |
| Operating Expenses | -$839.7K |
| Cost & Expenses | $12M |
| OPERATING INCOME | $846.9K |
| Interest Income | $0 |
| Interest Expense | $10.2K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $50.3K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $4M |
| EBIT | -$1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $7.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$2M |
| Operating Expenses | -$839.7K |
| Cost & Expenses | $12M |
| OPERATING INCOME | $846.9K |
| Interest Income | $0 |
| Interest Expense | $10.2K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $50.3K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $4M |
| EBIT | -$1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$98.5K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $1 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$497.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$36.9K |
| NET CASH FROM FINANCING | -$529.1K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $972.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $3M |
| Net Receivables | $590.5K |
| Inventory | $3M |
| Other Current Assets | -$3M |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $3M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $41M |
| Account Payables | $4M |
| Short-Term Debt | $539.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50.3K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $44M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $959.3K |
| Net Debt | -$353.0K |
