| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $1M | 62.0% | 55.2% |
| Op. Income | -$5M | -$11M | -$3M | 52.9% | -53.2% |
| Gross Margin | 10.0% | -87.4% | 7.3% | 97.4pp | 2.7pp |
| Net Margin | -333.9% | -1147.8% | -338.3% | 813.9pp | 4.5pp |
| EPS (Diluted) | $-0.11 | $-0.21 | $-0.07 | 47.6% | -50.7% |
| Free Cash Flow | -$7M | -$9M | -$6M | 14.5% | -25.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $174.7K |
| R&D Expenses | $1M |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$127.4K |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $21.9K |
| Other Income/Expenses | -$262.9K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | -$242.6K |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $318.4K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $318.4K |
| Stock-Based Compensation | $911.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$501.6K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$5.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $99.8K |
| NET CASH FROM FINANCING | $91.3K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $937.8K |
| Short-Term Investments | $8M |
| Net Receivables | $803.0K |
| Inventory | $9M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $3M |
| Goodwill | $17M |
| Intangible Assets | $7M |
| Long-Term Investments | $250.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $150.6K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $54M |
| Account Payables | $822.7K |
| Short-Term Debt | $936.1K |
| Deferred Revenue | $45.1K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $249.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28.3K |
| TOTAL NON-CURRENT LIABILITIES | $579.6K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $55.5K |
| Additional Paid-In Capital | $111M |
| Retained Earnings | -$60M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$570.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $2M |
| Net Debt | $842.5K |
