| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $885.3K | $810.7K | $758.6K | 9.2% | 16.7% |
| Op. Income | -$165.1K | -$98.5K | -$144.0K | -67.6% | -14.7% |
| Gross Margin | 53.7% | 47.4% | 54.7% | 6.3pp | -1.0pp |
| Net Margin | -18.9% | -12.4% | -19.4% | -6.5pp | 0.5pp |
| EPS (Diluted) | $-0.38 | $-0.25 | $-0.34 | -52.0% | -13.4% |
| Free Cash Flow | -$318.2K | $318.5K | — | -199.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $885.3K |
| Cost of Revenue | $410.1K |
| GROSS PROFIT | $475.1K |
| R&D Expenses | $18.5K |
| Selling & Marketing | $112.9K |
| General & Administrative | $508.9K |
| SG&A Expenses | $621.8K |
| Other Expenses | $0 |
| Operating Expenses | $640.3K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$165.1K |
| Interest Income | $0 |
| Interest Expense | $2.0K |
| Other Income/Expenses | -$2.0K |
| INCOME BEFORE TAX | -$167.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$167.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$167.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$167.1K |
| D&A | $82.1K |
| EBIT | -$165.1K |
| EBITDA | -$83.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$167.1K |
| Depreciation & Amortization | $82.1K |
| Stock-Based Compensation | $25.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$129.8K |
| OPERATING CASH FLOW | -$189.7K |
| Capital Expenditure | -$128.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$128.6K |
| Net Debt Issuance | $100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $100.0K |
| FREE CASH FLOW | -$318.2K |
| Net Change in Cash | -$218.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $569.4K |
| Short-Term Investments | $0 |
| Net Receivables | $15.0K |
| Inventory | $0 |
| Other Current Assets | $18.5K |
| TOTAL CURRENT ASSETS | $602.9K |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$57M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $3M |
| Account Payables | $810 |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $158 |
| Additional Paid-In Capital | $80.4K |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $4M |
| Net Debt | $3M |
