| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $10M | $9M | 1.0% | 15.8% |
| Op. Income | -$1M | $255.3K | $179.6K | -530.5% | -711.8% |
| Gross Margin | 40.1% | 39.4% | 38.6% | 0.7pp | 1.5pp |
| Net Margin | -9.8% | 3.8% | 2.5% | -13.6pp | -12.3pp |
| EPS (Diluted) | $-0.04 | $0.01 | $0.01 | -392.0% | -574.0% |
| Free Cash Flow | -$789.4K | $1M | $105.2K | -152.8% | -850.4% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $685.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $66.2K |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $140.3K |
| INCOME BEFORE TAX | -$958.6K |
| Income Tax Expense | $29.4K |
| Net Income from Continuing Ops | -$988.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$988.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$988.0K |
| D&A | $59.6K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$988.0K |
| Depreciation & Amortization | $59.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $591.8K |
| Change in Working Capital | -$419.0K |
| OPERATING CASH FLOW | -$755.6K |
| Capital Expenditure | -$33.8K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$46.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$110.2K |
| NET CASH FROM FINANCING | -$156.3K |
| FREE CASH FLOW | -$789.4K |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $1M |
| Other Current Assets | $314.1K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $91.3K |
| Goodwill | $3M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $24M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $29.6K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $0 |
| Net Debt | -$10M |
