| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $47M | — | -57.9% | — |
| Op. Income | -$1M | -$4M | — | 66.8% | — |
| Gross Margin | -1.0% | -4.6% | — | 3.6pp | — |
| Net Margin | -6.6% | -7.6% | — | 1.0pp | — |
| EPS (Diluted) | $-0.06 | $-0.17 | — | 63.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $20M |
| GROSS PROFIT | -$198.1K |
| R&D Expenses | $36.7K |
| Selling & Marketing | $281.3K |
| General & Administrative | $865.4K |
| SG&A Expenses | $1M |
| Other Expenses | $93.1K |
| Operating Expenses | $1M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $91.5K |
| Other Income/Expenses | -$120.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $49.1K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $9.9K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $56.3K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $680.7K |
| Goodwill | $0 |
| Intangible Assets | $226.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $904.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $14M |
| Account Payables | $9M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$220.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | -$1M |
| TOTAL EQUITY | -$7M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $8M |
| Net Debt | $5M |
