| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | — | 21.8% | — |
| Op. Income | -$10M | -$3M | — | -197.9% | — |
| Gross Margin | 18.2% | 23.0% | — | -4.8pp | — |
| Net Margin | -93.8% | -49.9% | — | -43.9pp | — |
| EPS (Diluted) | $-6.05 | $-12.96 | — | 53.3% | — |
| Free Cash Flow | -$9M | -$865.9K | — | -935.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $2M |
| R&D Expenses | $10M |
| Selling & Marketing | $85.7K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$4.5K |
| Operating Expenses | $12M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$10M |
| Interest Income | $390.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $185.0K |
| 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 | $31.8K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $71.9K |
| Stock-Based Compensation | $69.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $296.9K |
| Change in Working Capital | -$585.3K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$871 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $54M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $16M |
| Net Receivables | $3M |
| Inventory | $182.5K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $541.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $87.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $45.5K |
| TOTAL NON-CURRENT ASSETS | $674.5K |
| TOTAL ASSETS | $114M |
| Account Payables | $1M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $155 |
| TOTAL NON-CURRENT LIABILITIES | $221.1K |
| TOTAL LIABILITIES | $9M |
| Common Stock | $114.5K |
| Additional Paid-In Capital | $144M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$183.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | -$135.4K |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $114M |
| Total Debt | $6M |
| Net Debt | -$86M |
