| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $256.9K | $306.3K | — | -16.1% | — |
| Op. Income | -$876.9K | -$789.4K | — | -11.1% | — |
| Gross Margin | -75.2% | -100.0% | — | 24.8pp | — |
| Net Margin | -220.1% | -245.1% | — | 25.0pp | — |
| EPS (Diluted) | $-0.02 | $-0.09 | — | 78.9% | — |
| Free Cash Flow | -$709.5K | -$652.6K | -$143.7K | -8.7% | -393.8% |
| Item | Amount |
|---|---|
| REVENUE | $256.9K |
| Cost of Revenue | $450.1K |
| GROSS PROFIT | -$193.2K |
| R&D Expenses | $278.5K |
| Selling & Marketing | $100.3K |
| General & Administrative | $304.8K |
| SG&A Expenses | $405.2K |
| Other Expenses | $0 |
| Operating Expenses | $683.6K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$876.9K |
| Interest Income | $75.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $309.6K |
| INCOME BEFORE TAX | -$567.3K |
| Income Tax Expense | $1.8K |
| Net Income from Continuing Ops | -$569.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$565.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$565.5K |
| D&A | $126.9K |
| EBIT | -$876.9K |
| EBITDA | -$749.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$565.5K |
| Depreciation & Amortization | $208.7K |
| Stock-Based Compensation | $36.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$35.0K |
| Change in Working Capital | -$159.2K |
| OPERATING CASH FLOW | -$514.8K |
| Capital Expenditure | -$194.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $317 |
| NET CASH FROM INVESTING | -$194.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$119.8K |
| NET CASH FROM FINANCING | -$119.8K |
| FREE CASH FLOW | -$709.5K |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $149.3K |
| Inventory | $1M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $584.7K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $13M |
| Account Payables | $11.0K |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $467.9K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115.4K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $9M |
| Additional Paid-In Capital | $1M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $5M |
| Net Debt | -$107.5K |
