| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | -1.5% | -11.1% |
| Op. Income | -$91.6K | $21.4K | $380.5K | -528.0% | -124.1% |
| Gross Margin | 49.3% | 49.9% | 52.0% | -0.6pp | -2.7pp |
| Net Margin | 1.5% | 1.7% | 7.5% | -0.2pp | -6.1pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.02 | -15.0% | -82.5% |
| Free Cash Flow | $679.1K | $188.1K | $377.3K | 261.0% | 80.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $656.4K |
| Selling & Marketing | $800.8K |
| General & Administrative | $411.6K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$91.6K |
| Interest Income | $106.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $123.6K |
| INCOME BEFORE TAX | $32.0K |
| Income Tax Expense | -$21.4K |
| Net Income from Continuing Ops | $53.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53.4K |
| D&A | $135.2K |
| EBIT | $32.0K |
| EBITDA | $167.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53.4K |
| Depreciation & Amortization | $135.2K |
| Stock-Based Compensation | $48.3K |
| Deferred Income Tax | -$124.3K |
| Other Non-Cash Items | -$28.2K |
| Change in Working Capital | $743.7K |
| OPERATING CASH FLOW | $828.1K |
| Capital Expenditure | -$149.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $260.6K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $111.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $679.1K |
| Net Change in Cash | $939.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $8M |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $189.3K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $53.2K |
| Long-Term Investments | $0 |
| Tax Assets | $726.8K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $21M |
| Account Payables | $933.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18.2K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $18.2K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $157.4K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $0 |
| Net Debt | -$4M |
