| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $222.6K | $177.1K | $2M | 25.6% | -90.1% |
| Op. Income | -$1M | -$2M | -$3M | 35.8% | 63.5% |
| Gross Margin | 98.6% | -215.1% | 29.2% | 313.7pp | 69.4pp |
| Net Margin | -349.6% | -752.5% | -147.2% | 402.9pp | -202.3pp |
| EPS (Diluted) | $-0.40 | $-0.93 | $-3.41 | 57.0% | 88.3% |
| Free Cash Flow | -$669.8K | $925.1K | -$2M | -172.4% | 56.2% |
| Item | Amount |
|---|---|
| REVENUE | $222.6K |
| Cost of Revenue | $3.0K |
| GROSS PROFIT | $219.5K |
| R&D Expenses | $11.9K |
| Selling & Marketing | $52.7K |
| General & Administrative | $893.7K |
| SG&A Expenses | $946.5K |
| Other Expenses | $314.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $365.9K |
| Other Income/Expenses | $274.9K |
| INCOME BEFORE TAX | -$778.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$778.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$778.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$778.0K |
| D&A | $320.7K |
| EBIT | -$413.0K |
| EBITDA | -$91.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$778.4K |
| Depreciation & Amortization | $320.7K |
| Stock-Based Compensation | $299.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$507.4K |
| Change in Working Capital | -$4.5K |
| OPERATING CASH FLOW | -$669.8K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $100.0K |
| Net Debt Issuance | -$721.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$129.0K |
| FREE CASH FLOW | -$669.8K |
| Net Change in Cash | -$698.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309.6K |
| Short-Term Investments | $273.6K |
| Net Receivables | $70.6K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $867.9K |
| PP&E (Net) | $30.1K |
| Goodwill | $7M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $10M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $122.5K |
| Other Current Liabilities | $877.7K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $270 |
| Additional Paid-In Capital | $80M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $4M |
| Net Debt | $4M |
