| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166.6K | — | $309.0K | — | -46.1% |
| Op. Income | -$809.6K | — | -$852.5K | — | 5.0% |
| Gross Margin | -14.4% | — | 3.3% | — | -17.7pp |
| Net Margin | -481.1% | — | -272.2% | — | -208.9pp |
| EPS (Diluted) | $-0.43 | — | $-0.47 | — | 8.5% |
| Free Cash Flow | -$249.6K | -$177.5K | -$102.3K | -40.7% | -143.9% |
| Item | Amount |
|---|---|
| REVENUE | $166.6K |
| Cost of Revenue | $190.7K |
| GROSS PROFIT | -$24.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $785.5K |
| Other Expenses | $0 |
| Operating Expenses | $785.5K |
| Cost & Expenses | $976.2K |
| OPERATING INCOME | -$809.6K |
| Interest Income | $0 |
| Interest Expense | $6.6K |
| Other Income/Expenses | -$6.9K |
| INCOME BEFORE TAX | -$816.5K |
| Income Tax Expense | $800 |
| Net Income from Continuing Ops | -$817.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$801.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$801.5K |
| D&A | $21.1K |
| EBIT | -$809.8K |
| EBITDA | -$788.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$801.5K |
| Depreciation & Amortization | $21.1K |
| Stock-Based Compensation | $31.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6.4K |
| Change in Working Capital | $547.6K |
| OPERATING CASH FLOW | -$195.2K |
| Capital Expenditure | -$54.5K |
| Acquisitions (Net) | $1.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52.9K |
| Net Debt Issuance | -$295.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$234.4K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$249.6K |
| Net Change in Cash | $8M |
