| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $9M | $8M | -28.9% | -27.5% |
| Op. Income | -$3M | -$10M | -$4M | 69.8% | 12.3% |
| Gross Margin | 40.5% | 53.7% | 48.1% | -13.3pp | -7.6pp |
| Net Margin | -42.5% | -102.8% | -50.0% | 60.3pp | 7.5pp |
| EPS (Diluted) | $-0.30 | $-1.03 | $-0.50 | 70.7% | 39.2% |
| Free Cash Flow | -$2M | -$4M | -$1M | 33.7% | -105.4% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$3M |
| Interest Income | $614.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $577.5K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$121.4K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $133.4K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $133.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $49.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $15M |
| Net Receivables | $0 |
| Inventory | $16.5K |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $149.9K |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $52M |
| TOTAL ASSETS | $136M |
| Account Payables | $946.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $693.6K |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $42M |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $4M |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $135M |
| Total Debt | $0 |
| Net Debt | -$54M |
