| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $0 | 36.0% | — |
| Op. Income | -$3M | -$6M | -$4M | 52.0% | 26.8% |
| Gross Margin | 100.0% | 88.4% | — | 11.6pp | — |
| Net Margin | -398.0% | -688.2% | — | 290.1pp | — |
| EPS (Diluted) | $-0.91 | $-1.17 | $-0.71 | 22.2% | -28.2% |
| Free Cash Flow | -$9M | -$5M | -$4M | -80.9% | -97.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $164.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| 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 | $119.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $119.0K |
| Stock-Based Compensation | $187.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24.0K |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$877.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $5M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $458.0K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $52M |
| Account Payables | $840.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $0 |
| Additional Paid-In Capital | $262M |
| Retained Earnings | -$214M |
| Treasury Stock | -$501.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $3M |
| Net Debt | $1M |
