| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $3M | — | 178.3% |
| Op. Income | -$10M | — | -$11M | — | 10.0% |
| Gross Margin | 61.9% | — | 63.9% | — | -2.1pp |
| Net Margin | -102.6% | — | -391.1% | — | 288.5pp |
| EPS (Diluted) | $-0.15 | — | $-0.22 | — | 32.4% |
| Free Cash Flow | $0 | — | $6M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$10M |
| Interest Income | $418.5K |
| Interest Expense | $125.5K |
| Other Income/Expenses | $904.9K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $147 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $11M |
| Net Receivables | $3M |
| Inventory | $9M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $378.3K |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $209.8K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $87M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $160.9K |
| Deferred Tax Liabilities | $42.7K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $11.8K |
| Additional Paid-In Capital | $294M |
| Retained Earnings | -$266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $53.0K |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $87M |
| Total Debt | $23M |
| Net Debt | -$13M |
