| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $1M | — | 17.4% |
| Op. Income | -$455.4K | — | -$1M | — | 66.3% |
| Gross Margin | 63.3% | — | 55.0% | — | 8.3pp |
| Net Margin | -30.1% | — | -95.0% | — | 64.9pp |
| EPS (Diluted) | $-0.11 | — | $-0.23 | — | 52.2% |
| Free Cash Flow | -$431.0K | — | -$1M | — | 57.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $582.6K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $326.2K |
| General & Administrative | $180.2K |
| SG&A Expenses | $506.4K |
| Other Expenses | $953.3K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$455.4K |
| Interest Income | $0 |
| Interest Expense | $17.7K |
| Other Income/Expenses | -$22.4K |
| INCOME BEFORE TAX | -$477.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$477.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$477.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$558.8K |
| D&A | $125.2K |
| EBIT | -$361.0K |
| EBITDA | -$235.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$477.8K |
| Depreciation & Amortization | $125.2K |
| Stock-Based Compensation | $17.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.2K |
| Change in Working Capital | -$101.4K |
| OPERATING CASH FLOW | -$431.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$250.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$250.0K |
| Net Debt Issuance | $324.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $264.1K |
| FREE CASH FLOW | -$431.0K |
| Net Change in Cash | -$452.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $529.8K |
| Short-Term Investments | $0 |
| Net Receivables | $123.8K |
| Inventory | $92.5K |
| Other Current Assets | $192.4K |
| TOTAL CURRENT ASSETS | $938.5K |
| PP&E (Net) | $0 |
| Goodwill | $3M |
| Intangible Assets | $4M |
| Long-Term Investments | $431.9K |
| Tax Assets | $0 |
| Other Non-Current Assets | $147.4K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $9M |
| Account Payables | $460.4K |
| Short-Term Debt | $791.6K |
| Deferred Revenue | $184.2K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $690.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $690.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $5.1K |
| Additional Paid-In Capital | $22M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $143.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $125.3K |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $1M |
| Net Debt | $951.8K |
