| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $31M | $21M | -27.8% | 4.5% |
| Op. Income | -$5M | $3M | -$11M | -259.3% | 50.9% |
| Gross Margin | 28.8% | 43.1% | 19.3% | -14.3pp | 9.5pp |
| Net Margin | -17.0% | 3.8% | -39.5% | -20.8pp | 22.5pp |
| EPS (Diluted) | $-0.32 | $0.10 | $-0.77 | -422.4% | 59.1% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $6M |
| R&D Expenses | $3M |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$5M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $30.4K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $786.5K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $194.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| 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 | $66M |
| Short-Term Investments | $84M |
| Net Receivables | $52M |
| Inventory | $969.9K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $207M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $15M |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $246M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $6M |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$79M |
| Treasury Stock | -$216.3K |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $175M |
| Minority Interest | -$9M |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $246M |
| Total Debt | $8M |
| Net Debt | -$58M |
