| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $44M | $61M | -21.6% | -43.6% |
| Op. Income | -$2M | -$3M | $5M | 42.7% | -139.5% |
| Gross Margin | 40.9% | 27.3% | 29.8% | 13.6pp | 11.1pp |
| Net Margin | -3.8% | -6.7% | 5.4% | 2.9pp | -9.2pp |
| EPS (Diluted) | $-0.02 | $-0.03 | $0.02 | 20.3% | -200.0% |
| Free Cash Flow | $12M | $15M | -$52.4K | -22.9% | 22407.0% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $295.6K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $3M |
| Operating Expenses | $16M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$2M |
| Interest Expense | $204.2K |
| Other Income/Expenses | $488.8K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$205.6K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $5M |
| EBIT | -$1M |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$207.1K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $56M |
| Other Current Assets | $500.0K |
| TOTAL CURRENT ASSETS | $131M |
| PP&E (Net) | $57M |
| Goodwill | $91M |
| Intangible Assets | $125M |
| Long-Term Investments | -$5M |
| Tax Assets | $2M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $277M |
| TOTAL ASSETS | $408M |
| Account Payables | $16M |
| Short-Term Debt | $2M |
| Deferred Revenue | -$2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $119.4K |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $117.9K |
| Additional Paid-In Capital | $393M |
| Retained Earnings | -$21M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$1.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $370M |
| Minority Interest | $0 |
| TOTAL EQUITY | $370M |
| TOTAL LIABILITIES & EQUITY | $408M |
| Total Debt | $15M |
| Net Debt | -$33M |
