| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $6M | $7M | 33.1% | 19.7% |
| Op. Income | $213.8K | -$248.3K | -$41.0K | 186.1% | 621.3% |
| Gross Margin | 36.0% | 41.6% | 30.4% | -5.6pp | 5.6pp |
| Net Margin | 4.3% | -1.2% | 0.7% | 5.5pp | 3.6pp |
| EPS (Diluted) | $0.05 | $-0.01 | $0.01 | 551.4% | 574.0% |
| Free Cash Flow | -$677.3K | $1M | $22.5K | -147.9% | -3114.3% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $646.8K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $72.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $213.8K |
| Interest Income | $143.4K |
| Interest Expense | $11.3K |
| Other Income/Expenses | $132.1K |
| INCOME BEFORE TAX | $345.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $345.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $357.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357.1K |
| D&A | $295.2K |
| EBIT | $357.2K |
| EBITDA | $652.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $646.8K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $72.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $213.8K |
| Interest Income | $143.4K |
| Interest Expense | $11.3K |
| Other Income/Expenses | $132.1K |
| INCOME BEFORE TAX | $345.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $345.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $357.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357.1K |
| D&A | $295.2K |
| EBIT | $357.2K |
| EBITDA | $652.4K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $357.1K |
| Depreciation & Amortization | $322.4K |
| Stock-Based Compensation | $171.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$318.6K |
| Capital Expenditure | -$358.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$143.4K |
| Sales/Maturities of Investments | $200.0K |
| Other Investing Activities | $56.6K |
| NET CASH FROM INVESTING | -$302.0K |
| Net Debt Issuance | -$167.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$167.4K |
| FREE CASH FLOW | -$677.3K |
| Net Change in Cash | -$788.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $640.7K |
| Short-Term Investments | $11M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $667.0K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $3M |
| Goodwill | $4M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $48.4K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $26M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $310.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $6M |
| Common Stock | $6.9K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | -$248.1K |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $406.9K |
| Net Debt | -$233.9K |
