| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $3M | -24.3% | 6.0% |
| Op. Income | -$4M | -$5M | -$7M | 23.6% | 41.2% |
| Gross Margin | 52.5% | 42.3% | 66.5% | 10.2pp | -14.0pp |
| Net Margin | -166.3% | -180.7% | -330.2% | 14.4pp | 163.8pp |
| EPS (Diluted) | $-1.65 | $-1.52 | $-1.78 | -8.6% | 7.3% |
| Free Cash Flow | -$3M | -$4M | -$5M | 11.0% | 33.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $1M |
| Selling & Marketing | $532.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | -$298.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $183.0K |
| Other Income/Expenses | -$475.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $298.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $298.0K |
| Stock-Based Compensation | $352.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $114.0K |
| Change in Working Capital | $435.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$37.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$528.0K |
| NET CASH FROM FINANCING | -$5.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $773.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $940.0K |
| Goodwill | $6M |
| Intangible Assets | $50.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $27M |
| Account Payables | $667.0K |
| Short-Term Debt | $59.0K |
| Deferred Revenue | $244.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $496M |
| Retained Earnings | -$475M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $2M |
| Net Debt | -$5M |
