| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $22M | — | 7.1% | — |
| Op. Income | -$2M | -$2M | — | 10.8% | — |
| Gross Margin | 90.7% | 91.8% | — | -1.1pp | — |
| Net Margin | -18.3% | -16.0% | — | -2.3pp | — |
| EPS (Diluted) | $-0.11 | $-0.09 | — | -25.1% | — |
| Free Cash Flow | -$137.0K | -$2M | — | 93.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $4M |
| SG&A Expenses | $20M |
| Other Expenses | $4M |
| Operating Expenses | $23M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$2M |
| Interest Income | $152.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $578.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $578.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $168.0K |
| Capital Expenditure | -$305.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$305.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$226.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$137.0K |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $2M |
| Goodwill | $5M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52.0K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $41M |
| Account Payables | $12M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $368.0K |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125.0K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $165M |
| Retained Earnings | -$166M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $24M |
| Net Debt | $12M |
