| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | — | 14.1% | — |
| Op. Income | -$946.4K | -$2M | — | 37.3% | — |
| Gross Margin | 46.1% | 35.8% | — | 10.2pp | — |
| Net Margin | -101.3% | -144.4% | — | 43.1pp | — |
| EPS (Diluted) | $-0.42 | $-0.80 | — | 47.5% | — |
| Free Cash Flow | -$310.3K | -$789.9K | -$1M | 60.7% | 73.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $850.2K |
| GROSS PROFIT | $726.1K |
| R&D Expenses | $4.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $227.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$946.4K |
| Interest Income | $0 |
| Interest Expense | $181.3K |
| Other Income/Expenses | -$648.3K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1.8K |
| 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 | $227.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $227.0K |
| Stock-Based Compensation | $213.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $610.0K |
| Change in Working Capital | $285.1K |
| OPERATING CASH FLOW | -$260.6K |
| Capital Expenditure | -$49.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25.6K |
| NET CASH FROM INVESTING | -$24.1K |
| Net Debt Issuance | $27.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $527.4K |
| FREE CASH FLOW | -$310.3K |
| Net Change in Cash | $242.7K |
