| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0K | $12.0K | — | 16.7% | — |
| Op. Income | -$3M | -$6M | — | 48.4% | — |
| Gross Margin | -457.1% | -675.0% | — | 217.9pp | — |
| Net Margin | -24300.0% | -50408.3% | — | 26108.3pp | — |
| EPS (Diluted) | $-0.36 | $-0.67 | — | 46.3% | — |
| Free Cash Flow | -$1M | -$3M | — | 55.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $14.0K |
| Cost of Revenue | $78.0K |
| GROSS PROFIT | -$64.0K |
| R&D Expenses | $238.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $3.0K |
| Other Income/Expenses | -$231.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $78.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $78.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $632.0K |
| OPERATING CASH FLOW | -$1M |
| 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 | $500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $226.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $416.0K |
| Short-Term Investments | $0 |
| Net Receivables | $104.0K |
| Inventory | $0 |
| Other Current Assets | $220.0K |
| TOTAL CURRENT ASSETS | $740.0K |
| PP&E (Net) | $517.0K |
| Goodwill | $0 |
| Intangible Assets | $285.0K |
| Long-Term Investments | $4.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $43.0K |
| TOTAL NON-CURRENT ASSETS | $849.0K |
| TOTAL ASSETS | $2M |
| Account Payables | $0 |
| Short-Term Debt | $308.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $500.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $560.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $244M |
| Retained Earnings | -$248M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $13.0K |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $868.0K |
| Net Debt | $452.0K |
