| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $830.0K | -13.2% | 26.0% |
| Op. Income | -$16M | -$20M | -$14M | 19.0% | -15.8% |
| Gross Margin | -164.0% | -177.7% | -264.2% | 13.7pp | 100.3pp |
| Net Margin | -3022.0% | -1360.7% | -1969.8% | -1661.3pp | -1052.2pp |
| EPS (Diluted) | $-0.28 | $-0.15 | $-0.15 | -86.7% | -86.7% |
| Free Cash Flow | -$7M | -$11M | -$9M | 35.0% | 16.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10M |
| Operating Expenses | $14M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $44.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $1M |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$195.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$163.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$28.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $544.0K |
| NET CASH FROM FINANCING | $516.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $6M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $39M |
| Goodwill | $18M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $69M |
| TOTAL ASSETS | $166M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $287.0K |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $847M |
| Retained Earnings | -$792M |
| Treasury Stock | -$665.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $1M |
| TOTAL EQUITY | $57M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $67M |
| Net Debt | -$6M |
