| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $971.6K | $669.6K | — | 45.1% | — |
| Op. Income | -$2M | -$2M | — | -0.8% | — |
| Gross Margin | 10.1% | 11.1% | — | -1.0pp | — |
| Net Margin | -140.2% | -457.1% | — | 316.9pp | — |
| EPS (Diluted) | $-0.62 | $-1.62 | — | 61.5% | — |
| Free Cash Flow | -$2M | $191.8K | — | -1109.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $971.6K |
| Cost of Revenue | $873.7K |
| GROSS PROFIT | $98.0K |
| R&D Expenses | $88.7K |
| Selling & Marketing | $80.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$439.3K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $3.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$2 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $106.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $106.7K |
| Stock-Based Compensation | $145.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$454.8K |
| Change in Working Capital | $77.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $53.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4.9K |
| NET CASH FROM INVESTING | $55.6K |
| Net Debt Issuance | -$119.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$649.6K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $910.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $358.5K |
| Inventory | $1M |
| Other Current Assets | $294.1K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $905.1K |
| Goodwill | $0 |
| Intangible Assets | $39.2K |
| Long-Term Investments | $244.5K |
| Tax Assets | -$39.2K |
| Other Non-Current Assets | $39.2K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $847.3K |
| Short-Term Debt | $2.5K |
| Deferred Revenue | $12.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66.8K |
| TOTAL NON-CURRENT LIABILITIES | $352.5K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $73M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $519.7K |
| Net Debt | -$3M |
