| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $22M | $18M | -9.8% | 12.8% |
| Op. Income | $186.7K | -$16M | -$1M | 101.1% | 113.2% |
| Gross Margin | 30.1% | 29.5% | 27.8% | 0.6pp | 2.3pp |
| Net Margin | 5.6% | -73.1% | -7.1% | 78.7pp | 12.7pp |
| EPS (Diluted) | $0.73 | $-63.10 | $-5.74 | 101.2% | 112.7% |
| Free Cash Flow | -$350.8K | $14.6K | -$3M | -2510.9% | 87.5% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $6M |
| R&D Expenses | $5M |
| Selling & Marketing | $79.3K |
| General & Administrative | $541.5K |
| SG&A Expenses | $620.8K |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $186.7K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $67.0K |
| 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 | $11.5K |
| EBIT | $186.7K |
| EBITDA | $198.1K |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $6M |
| R&D Expenses | $5M |
| Selling & Marketing | $79.3K |
| General & Administrative | $541.5K |
| SG&A Expenses | $620.8K |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $186.7K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $67.0K |
| 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 | $11.5K |
| EBIT | $186.7K |
| EBITDA | $198.1K |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $44.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$325.8K |
| OPERATING CASH FLOW | -$350.6K |
| Capital Expenditure | -$228 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$563.1K |
| NET CASH FROM INVESTING | -$563.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$350.8K |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $6M |
| Net Receivables | $3M |
| Inventory | $8M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $241.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $13.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.0K |
| TOTAL NON-CURRENT ASSETS | $265.2K |
| TOTAL ASSETS | $106M |
| Account Payables | $2M |
| Short-Term Debt | $23M |
| Deferred Revenue | $177.3K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $55.9K |
| TOTAL LIABILITIES | $30M |
| Common Stock | $170.6K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $1M |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $23M |
| Net Debt | -$37M |
