| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $22M | $11M | -24.6% | 48.6% |
| Op. Income | -$2M | -$3M | -$4M | 32.7% | 48.2% |
| Gross Margin | 41.9% | 35.0% | 45.3% | 6.9pp | -3.4pp |
| Net Margin | -16.0% | -134.9% | -70.7% | 118.8pp | 54.6pp |
| EPS (Diluted) | $-15.75 | $-190.05 | $-53.55 | 91.7% | 70.6% |
| Free Cash Flow | $16M | $6M | $16M | 179.5% | -5.2% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $7M |
| R&D Expenses | $1M |
| Selling & Marketing | $17.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $657.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $936.0K |
| Other Income/Expenses | -$593.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $190.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $657.0K |
| EBIT | -$2M |
| EBITDA | -$906.0K |
| EPS | -$16 |
| EPS Diluted | -$16 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $657.0K |
| Stock-Based Compensation | $224.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $978.0K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22.0K |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4.0K |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $4M |
| Goodwill | $26M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $132M |
| Account Payables | $85M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $456.0K |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$44.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $132M |
| Total Debt | $21M |
| Net Debt | $11M |
