| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $4M | -31.5% | -6.8% |
| Op. Income | -$5M | -$214.4K | -$208.1K | -2256.1% | -2327.2% |
| Gross Margin | 37.1% | 60.1% | 49.1% | -23.0pp | -12.0pp |
| Net Margin | -61.0% | 22.8% | 18.2% | -83.7pp | -79.2pp |
| EPS (Diluted) | $-0.04 | $0.02 | $0.01 | -284.6% | -400.0% |
| Free Cash Flow | $0 | -$654.7K | $0 | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $5M |
| Selling & Marketing | $237.1K |
| General & Administrative | $790.5K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$5M |
| Interest Income | $606.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $139.9K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| 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 | $97M |
| Short-Term Investments | $740.5K |
| Net Receivables | $0 |
| Inventory | $4M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $140M |
| Account Payables | $168.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $34.5K |
| Other Current Liabilities | $200.6K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $55.8K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $146 |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $102M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | -$146 |
| TOTAL STOCKHOLDERS' EQUITY | $137M |
| Minority Interest | $0 |
| TOTAL EQUITY | $137M |
| TOTAL LIABILITIES & EQUITY | $140M |
| Total Debt | $218.6K |
| Net Debt | -$97M |
