| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $93M | — | 0.8% | — |
| Op. Income | $2M | -$25M | — | 108.2% | — |
| Gross Margin | 28.1% | 26.0% | — | 2.2pp | — |
| Net Margin | -0.3% | -24.2% | — | 24.0pp | — |
| EPS (Diluted) | $-0.00 | $-0.30 | — | 98.9% | — |
| Free Cash Flow | $4M | $5M | — | -35.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $600.7K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $6M |
| Operating Expenses | $24M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$173.9K |
| Income Tax Expense | -$170.3K |
| Net Income from Continuing Ops | -$3.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$248.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$248.5K |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$248.5K |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $581.0K |
| Deferred Income Tax | -$346.4K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $731 |
| Other Investing Activities | -$130.1K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $143.2K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $46.0K |
| Net Receivables | $3M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $44M |
| Goodwill | $55M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $166M |
| Account Payables | $5M |
| Short-Term Debt | $21M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $56.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $556.1K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $215M |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$150M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $2M |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $48M |
| Net Debt | $27M |
