| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $8M | $4M | -13.7% | 72.5% |
| Op. Income | $553.0K | $2M | -$282.0K | -67.5% | 296.1% |
| Gross Margin | 24.2% | 32.6% | 17.7% | -8.5pp | 6.4pp |
| Net Margin | 6.2% | 17.7% | -5.5% | -11.5pp | 11.7pp |
| EPS (Diluted) | $0.06 | $0.21 | $-0.03 | -69.5% | 288.0% |
| Free Cash Flow | $2M | $1M | $361.0K | 100.2% | 508.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $553.0K |
| Interest Income | $0 |
| Interest Expense | $7.0K |
| Other Income/Expenses | -$7.0K |
| INCOME BEFORE TAX | $546.0K |
| Income Tax Expense | $115.0K |
| Net Income from Continuing Ops | $431.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $431.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $431.0K |
| D&A | $92.0K |
| EBIT | $553.0K |
| EBITDA | $645.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $553.0K |
| Interest Income | $0 |
| Interest Expense | $7.0K |
| Other Income/Expenses | -$7.0K |
| INCOME BEFORE TAX | $546.0K |
| Income Tax Expense | $115.0K |
| Net Income from Continuing Ops | $431.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $431.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $431.0K |
| D&A | $92.0K |
| EBIT | $553.0K |
| EBITDA | $645.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $431.0K |
| Depreciation & Amortization | $92.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $35.0K |
| Other Non-Cash Items | $113.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$58.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $13M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $887.0K |
| Other Non-Current Assets | $23.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $481.0K |
| Other Current Liabilities | $308.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $3M |
| Net Debt | $408.0K |
