| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | — | $21M | — | -23.4% |
| Op. Income | -$11M | — | $2M | — | -739.9% |
| Gross Margin | 22.4% | — | 17.7% | — | 4.7pp |
| Net Margin | -61.7% | — | 13.2% | — | -75.0pp |
| EPS (Diluted) | $-0.52 | — | $0.15 | — | -453.5% |
| Free Cash Flow | $0 | — | -$5M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $98.3K |
| Other Income/Expenses | $524.5K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $68.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $246.5K |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $9M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $483.7K |
| Goodwill | $13M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $167M |
| Account Payables | $0 |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $22.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $705.2K |
| TOTAL NON-CURRENT LIABILITIES | $727.5K |
| TOTAL LIABILITIES | $75M |
| Common Stock | $53M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $87M |
| TOTAL STOCKHOLDERS' EQUITY | $92M |
| Minority Interest | -$29.8K |
| TOTAL EQUITY | $92M |
| TOTAL LIABILITIES & EQUITY | $167M |
| Total Debt | $35M |
| Net Debt | -$5M |
