| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131 | $171 | $154 | -23.4% | -14.9% |
| Op. Income | -$2M | -$1M | -$2M | -11.4% | 31.3% |
| Gross Margin | -685139.7% | -340922.2% | -1006193.5% | -344217.5pp | 321053.8pp |
| Net Margin | -868558.8% | -791781.3% | -1557931.2% | -76777.5pp | 689372.4pp |
| EPS (Diluted) | $-0.41 | $-0.66 | $-1.16 | 37.9% | 64.7% |
| Free Cash Flow | -$1M | -$1M | -$2M | -7.8% | 19.0% |
| Item | Amount |
|---|---|
| REVENUE | $131 |
| Cost of Revenue | $897.7K |
| GROSS PROFIT | -$897.5K |
| R&D Expenses | $233.9K |
| Selling & Marketing | $34.7K |
| General & Administrative | $497.3K |
| SG&A Expenses | $532.0K |
| Other Expenses | $0 |
| Operating Expenses | $765.9K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $114.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $101.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $22.9K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $22.9K |
| Stock-Based Compensation | $12.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$364.1K |
| Change in Working Capital | -$10.2K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$648.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $861.5K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$703.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250.0K |
| Short-Term Investments | $6M |
| Net Receivables | $200 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $107.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $107.6K |
| TOTAL ASSETS | $6M |
| Account Payables | $384.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $162 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $448.9K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $448.9K |
| Common Stock | $308 |
| Additional Paid-In Capital | $57M |
| Retained Earnings | -$49M |
| Treasury Stock | -$398.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | -$866.4K |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $64.3K |
| Net Debt | -$185.7K |
