| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307.7K | $277.7K | $373.5K | 10.8% | -17.6% |
| Op. Income | -$1M | -$4M | -$482.1K | 75.4% | -125.0% |
| Gross Margin | 41.4% | 28.1% | -60.7% | 13.3pp | 102.0pp |
| Net Margin | -371.8% | -1592.0% | -129.3% | 1220.2pp | -242.5pp |
| EPS (Diluted) | $-0.08 | $-0.32 | $-0.06 | 74.1% | -29.8% |
| Free Cash Flow | -$568.0K | -$253.3K | $0 | -124.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $307.7K |
| Cost of Revenue | $180.4K |
| GROSS PROFIT | $127.2K |
| R&D Expenses | $85.8K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $45.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $59.0K |
| Other Income/Expenses | -$59.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $60.7K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $60.7K |
| Stock-Based Compensation | $98.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36.8K |
| Change in Working Capital | $380.4K |
| OPERATING CASH FLOW | -$568.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $275.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10.7K |
| NET CASH FROM FINANCING | $264.3K |
| FREE CASH FLOW | -$568.0K |
| Net Change in Cash | -$303.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399.6K |
| Short-Term Investments | $0 |
| Net Receivables | $72.8K |
| Inventory | $402.6K |
| Other Current Assets | $211.2K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $442.3K |
| Goodwill | $684.9K |
| Intangible Assets | $942.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.8K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $3M |
| Account Payables | $155.0K |
| Short-Term Debt | $578.8K |
| Deferred Revenue | $428.2K |
| Other Current Liabilities | $391.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $146.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $219.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $878 |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $807.3K |
| Minority Interest | $0 |
| TOTAL EQUITY | $807.3K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $867.8K |
| Net Debt | $468.2K |
