| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $9M | $5M | 49.5% | 166.1% |
| Op. Income | -$27M | -$56M | -$17M | 51.7% | -64.3% |
| Gross Margin | 25.3% | 26.0% | 16.9% | -0.7pp | 8.4pp |
| Net Margin | -236.3% | -770.3% | -303.2% | 534.0pp | 67.0pp |
| EPS (Diluted) | $-42.36 | $-93.51 | $-22.21 | 54.7% | -90.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $10M |
| General & Administrative | $18M |
| SG&A Expenses | $28M |
| Other Expenses | -$699.3K |
| Operating Expenses | $31M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$27M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $392.6K |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $323.9K |
| EBIT | -$27M |
| EBITDA | -$27M |
| EPS | -$42 |
| EPS Diluted | -$42 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $12M |
| Net Receivables | $21M |
| Inventory | $3M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $2M |
| Goodwill | $6M |
| Intangible Assets | $2M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $189M |
| Account Payables | $22M |
| Short-Term Debt | $70M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $82M |
| Deferred Revenue NC | -$413.9K |
| Deferred Tax Liabilities | $413.9K |
| Other Non-Current Liabilities | $413.9K |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $213M |
| Common Stock | $25M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$24M |
| Minority Interest | $453.1K |
| TOTAL EQUITY | -$24M |
| TOTAL LIABILITIES & EQUITY | $189M |
| Total Debt | $154M |
| Net Debt | $111M |
