| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0K | $0 | $170.0K | — | -95.3% |
| Op. Income | -$8M | -$7M | -$6M | -15.9% | -25.6% |
| Gross Margin | -3000.0% | — | 100.0% | — | -3100.0pp |
| Net Margin | -98125.0% | — | -6096.5% | — | -92028.5pp |
| EPS (Diluted) | $-0.29 | $-0.25 | $-0.53 | -16.0% | 45.3% |
| Free Cash Flow | -$4M | -$7M | -$5M | 38.7% | 6.7% |
| Item | Amount |
|---|---|
| REVENUE | $8.0K |
| Cost of Revenue | $248.0K |
| GROSS PROFIT | -$240.0K |
| R&D Expenses | $4M |
| Selling & Marketing | -$248.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$8M |
| Interest Income | $265.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $265.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $248.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $248.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $838.0K |
| Change in Working Capital | $607.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $688.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $16M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $92.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $25M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $245M |
| Retained Earnings | -$229M |
| Treasury Stock | -$433.0K |
| Accum. Other Comp. Income | -$5.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $2M |
| Net Debt | -$2M |
