| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $422.0K | $0 | — | — | — |
| Op. Income | -$17M | -$431.4K | — | -3850.8% | — |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -4264.9% | — | — | — | — |
| EPS (Diluted) | $-0.10 | $0.11 | — | -190.3% | — |
| Free Cash Flow | -$9M | -$264.4K | — | -3348.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $422.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $422.0K |
| R&D Expenses | $9M |
| Selling & Marketing | $3M |
| General & Administrative | $5M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$17M |
| Interest Income | $286.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$953.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $2.0K |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $1M |
| EBIT | -$17M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $647.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$107.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$107.0K |
| Net Debt Issuance | -$546.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13.0K |
| NET CASH FROM FINANCING | -$533.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $530M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $530M |
| TOTAL ASSETS | $532M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $431.6K |
| TOTAL CURRENT LIABILITIES | $431.6K |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $530M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $509M |
| Minority Interest | $0 |
| TOTAL EQUITY | $509M |
| TOTAL LIABILITIES & EQUITY | $532M |
| Total Debt | $5M |
| Net Debt | $3M |
