| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $12M | $13M | -52.9% | -55.2% |
| Op. Income | -$19M | $831.7K | $527.2K | -2370.2% | -3681.2% |
| Gross Margin | -8.1% | 14.6% | 16.1% | -22.7pp | -24.2pp |
| Net Margin | -334.3% | 0.7% | 5.8% | -335.0pp | -340.1pp |
| EPS (Diluted) | $-0.46 | $0.00 | $0.02 | -24310.5% | -2854.5% |
| Free Cash Flow | -$6M | $4M | $2M | -242.9% | -370.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$464.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $165.2K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$19M |
| Interest Income | $15.8K |
| Interest Expense | $384.4K |
| Other Income/Expenses | -$386.2K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $4.8K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $392.6K |
| EBIT | -$19M |
| EBITDA | -$18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $392.6K |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$1.2K |
| Other Non-Cash Items | -$2.8K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14.5K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $7M |
| Net Receivables | $10M |
| Inventory | $1M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $5M |
| Goodwill | $7M |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $186.5K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $55M |
| Account Payables | $2M |
| Short-Term Debt | $20M |
| Deferred Revenue | $269.2K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $46.2K |
| Additional Paid-In Capital | $91M |
| Retained Earnings | -$88M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$585.2K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$585.2K |
| TOTAL LIABILITIES & EQUITY | $55M |
| Total Debt | $38M |
| Net Debt | $33M |
