| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $24M | $7M | -34.9% | 141.7% |
| Op. Income | $253.0K | $724.0K | -$665.0K | -65.1% | 138.0% |
| Gross Margin | 16.6% | 13.1% | 25.6% | 3.5pp | -9.0pp |
| Net Margin | 0.1% | 1.4% | -12.0% | -1.3pp | 12.1pp |
| EPS (Diluted) | $0.00 | $0.02 | $-0.04 | -95.5% | 101.9% |
| Free Cash Flow | $3M | -$17M | -$14M | 115.5% | 119.0% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $253.0K |
| Interest Income | $0 |
| Interest Expense | $228.0K |
| Other Income/Expenses | -$228.0K |
| INCOME BEFORE TAX | $25.0K |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $15.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.0K |
| D&A | $72.0K |
| EBIT | $253.0K |
| EBITDA | $325.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $253.0K |
| Interest Income | $0 |
| Interest Expense | $228.0K |
| Other Income/Expenses | -$228.0K |
| INCOME BEFORE TAX | $25.0K |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $15.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.0K |
| D&A | $72.0K |
| EBIT | $253.0K |
| EBITDA | $325.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15.0K |
| Depreciation & Amortization | $72.0K |
| Stock-Based Compensation | $150.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$39.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$55.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$55.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $848.0K |
| Other Current Assets | $202.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $5M |
| Goodwill | $780.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $931.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $27M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$66M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $4M |
| Net Debt | -$10M |
