| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $22M | $18M | -16.6% | 0.7% |
| Op. Income | $511.0K | -$2M | $2M | 127.5% | -75.2% |
| Gross Margin | 55.2% | 52.0% | 47.8% | 3.2pp | 7.4pp |
| Net Margin | 2.4% | -8.4% | 11.5% | 10.8pp | -9.1pp |
| EPS (Diluted) | $0.01 | $-0.05 | $0.06 | 124.5% | -78.6% |
| Free Cash Flow | $1M | -$3M | $1M | 139.6% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $10M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $7M |
| Other Expenses | $576.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $511.0K |
| Interest Income | $13.0K |
| Interest Expense | $56.0K |
| Other Income/Expenses | -$60.0K |
| INCOME BEFORE TAX | $451.0K |
| Income Tax Expense | $21.0K |
| Net Income from Continuing Ops | $430.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $430.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $430.0K |
| D&A | $385.0K |
| EBIT | $524.0K |
| EBITDA | $909.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $10M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $7M |
| Other Expenses | $576.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $511.0K |
| Interest Income | $13.0K |
| Interest Expense | $56.0K |
| Other Income/Expenses | -$60.0K |
| INCOME BEFORE TAX | $451.0K |
| Income Tax Expense | $21.0K |
| Net Income from Continuing Ops | $430.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $430.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $430.0K |
| D&A | $385.0K |
| EBIT | $524.0K |
| EBITDA | $909.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $430.0K |
| Depreciation & Amortization | $385.0K |
| Stock-Based Compensation | $429.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $695.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$600.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13.0K |
| NET CASH FROM INVESTING | -$587.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $180.0K |
| NET CASH FROM FINANCING | $180.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $7M |
| Net Receivables | $8M |
| Inventory | $3M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $616.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $114.0K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $56M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$226M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $8M |
| Net Debt | -$17M |
