| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $776.7K | $902.1K | $1M | -13.9% | -24.3% |
| Op. Income | -$561.8K | $858.0K | -$816.5K | -165.5% | 31.2% |
| Gross Margin | -14.2% | 93.2% | -89.1% | -107.4pp | 74.9pp |
| Net Margin | -74.3% | 92.9% | -81.0% | -167.2pp | 6.7pp |
| EPS (Diluted) | $-0.45 | $0.74 | $-0.81 | -161.2% | 44.2% |
| Free Cash Flow | -$852.0K | -$322.2K | -$675.8K | -164.4% | -26.1% |
| Item | Amount |
|---|---|
| REVENUE | $776.7K |
| Cost of Revenue | $886.9K |
| GROSS PROFIT | -$110.2K |
| R&D Expenses | $224.6K |
| Selling & Marketing | $43.7K |
| General & Administrative | $842.5K |
| SG&A Expenses | $886.2K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$561.8K |
| Interest Income | $0 |
| Interest Expense | $15.3K |
| Other Income/Expenses | -$15.3K |
| INCOME BEFORE TAX | -$577.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$577.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$577.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$577.1K |
| D&A | $256.8K |
| EBIT | -$561.8K |
| EBITDA | -$305.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$577.1K |
| Depreciation & Amortization | $256.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$184.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$504.3K |
| Capital Expenditure | -$347.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$347.8K |
| NET CASH FROM INVESTING | -$347.8K |
| Net Debt Issuance | -$29.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$142.6K |
| NET CASH FROM FINANCING | -$172.0K |
| FREE CASH FLOW | -$852.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $947.3K |
| Inventory | $0 |
| Other Current Assets | $215.6K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $457.3K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $6M |
| Account Payables | $2M |
| Short-Term Debt | $194.0K |
| Deferred Revenue | $109.4K |
| Other Current Liabilities | $109.4K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101.9K |
| TOTAL NON-CURRENT LIABILITIES | $317.1K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $34M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $484.3K |
| Net Debt | -$782.0K |
