| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | — | -30.2% | — |
| Op. Income | -$2M | -$2M | — | -6.6% | — |
| Gross Margin | 8.8% | 20.6% | — | -11.9pp | — |
| Net Margin | 26.5% | -210.8% | — | 237.4pp | — |
| EPS (Diluted) | $1.83 | $-22.22 | — | 108.2% | — |
| Free Cash Flow | $0 | -$2M | — | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $149.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | -$1M |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $601.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $452.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $452.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $452.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $452.8K |
| D&A | $464.8K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $452.8K |
| Depreciation & Amortization | $464.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$399.9K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $3M |
| Acquisitions (Net) | $5.1K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5.1K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$82.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $376.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453.6K |
| Short-Term Investments | $0 |
| Net Receivables | $425.1K |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $10M |
| Goodwill | $637.0K |
| Intangible Assets | $850.0K |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $44.8K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $31M |
| Account Payables | $5M |
| Short-Term Debt | $36M |
| Deferred Revenue | $518.8K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $72 |
| Additional Paid-In Capital | $31M |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$43M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$43M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $60M |
| Net Debt | $60M |
