| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $198.9K | 19.8% | 5633.8% |
| Op. Income | $929.3K | $2M | -$903.2K | -48.9% | 202.9% |
| Gross Margin | 40.6% | 36.1% | 57.8% | 4.5pp | -17.2pp |
| Net Margin | 4.5% | 13.9% | -704.5% | -9.5pp | 709.0pp |
| EPS (Diluted) | $0.08 | $0.23 | $-0.39 | -66.3% | 119.9% |
| Free Cash Flow | $667.3K | -$2M | -$1M | 131.1% | 156.6% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $9.5K |
| Operating Expenses | $4M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $929.3K |
| Interest Income | $0 |
| Interest Expense | $418.7K |
| Other Income/Expenses | -$418.7K |
| INCOME BEFORE TAX | $510.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $510.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $510.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $510.6K |
| D&A | $183.4K |
| EBIT | $929.3K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $9.5K |
| Operating Expenses | $4M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $929.3K |
| Interest Income | $0 |
| Interest Expense | $418.7K |
| Other Income/Expenses | -$418.7K |
| INCOME BEFORE TAX | $510.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $510.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $510.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $510.6K |
| D&A | $183.4K |
| EBIT | $929.3K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $510.6K |
| Depreciation & Amortization | $183.4K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $294.5K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$630.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$630.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $667.3K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $393.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $28M |
| Account Payables | $894.0K |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $6.6K |
| Additional Paid-In Capital | $71M |
| Retained Earnings | -$58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $28M |
| Total Debt | $12M |
| Net Debt | $5M |
