| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $446.0K | -3.8% | 124.4% |
| Op. Income | -$11M | -$11M | -$14M | 5.8% | 24.6% |
| Gross Margin | -65.4% | -40.1% | -200.0% | -25.3pp | 134.6pp |
| Net Margin | -1060.1% | -1041.3% | -3642.8% | -18.8pp | 2582.7pp |
| EPS (Diluted) | $-0.40 | $-0.26 | $-48.31 | -53.8% | 99.2% |
| Free Cash Flow | -$13M | -$10M | -$7M | -24.6% | -79.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$655.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $372.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$11M |
| Interest Income | $68.0K |
| Interest Expense | $12.0K |
| Other Income/Expenses | $180.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $501.0K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $501.0K |
| Stock-Based Compensation | $932.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$101.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$37.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $357.0K |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $49.0K |
| Inventory | $410.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $32M |
| Account Payables | $969.0K |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $177.0K |
| TOTAL LIABILITIES | $20M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | -$169M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $14M |
| Net Debt | -$11M |
