| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $0 | 12.1% | — |
| Op. Income | -$4M | -$3M | -$242.6K | -15.4% | -1503.3% |
| Gross Margin | 59.0% | 79.8% | — | -20.8pp | — |
| Net Margin | -72.0% | -89.8% | — | 17.8pp | — |
| EPS (Diluted) | $-0.06 | $-0.07 | $-0.00 | 10.2% | -4450.0% |
| Free Cash Flow | -$853.8K | -$1M | -$118.8K | 35.5% | -618.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $573.3K |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $367.5K |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $218.0K |
| Other Income/Expenses | -$155.5K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $22.4K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $40.3K |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $367.5K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $367.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$26.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $823.6K |
| OPERATING CASH FLOW | -$853.8K |
| Capital Expenditure | -$3 |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$853.8K |
| Net Change in Cash | $26.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $79.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $1M |
| Goodwill | $2M |
| Intangible Assets | $4M |
| Long-Term Investments | $5M |
| Tax Assets | $117.8K |
| Other Non-Current Assets | $576.2K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $49M |
| Account Payables | $3M |
| Short-Term Debt | $14M |
| Deferred Revenue | $2M |
| Other Current Liabilities | -$12M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $493.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $420.8K |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $104M |
| Common Stock | $303.2K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$102.4K |
| Other Equity | $366.8K |
| TOTAL STOCKHOLDERS' EQUITY | -$55M |
| Minority Interest | -$268.9K |
| TOTAL EQUITY | -$55M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $14M |
| Net Debt | -$4M |
