| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $12M | $10M | 26.7% | 54.0% |
| Op. Income | $164.5K | -$8M | -$3M | 102.1% | 106.4% |
| Gross Margin | 84.8% | 97.5% | 97.8% | -12.7pp | -13.0pp |
| Net Margin | -2.1% | -79.9% | -30.0% | 77.7pp | 27.9pp |
| EPS (Diluted) | $-0.04 | $-0.58 | $-0.23 | 93.9% | 84.6% |
| Free Cash Flow | -$1M | -$131.6K | -$1M | -799.0% | 17.0% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $553.1K |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $164.5K |
| Interest Income | $5.9K |
| Interest Expense | $503.6K |
| Other Income/Expenses | -$467.8K |
| INCOME BEFORE TAX | -$303.2K |
| Income Tax Expense | $23.5K |
| Net Income from Continuing Ops | -$326.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$326.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$326.8K |
| D&A | $553.1K |
| EBIT | $200.4K |
| EBITDA | $753.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$326.8K |
| Depreciation & Amortization | $553.1K |
| Stock-Based Compensation | $105.8K |
| Deferred Income Tax | $23.5K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| 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 | -$48.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $5M |
| Goodwill | $25M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $65M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $330.2K |
| Other Non-Current Liabilities | $18.9K |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $280.0K |
| Additional Paid-In Capital | $154M |
| Retained Earnings | -$134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $26M |
| Net Debt | $19M |
