| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $19M | $21M | 5.0% | -5.2% |
| Op. Income | -$930.7K | -$771.7K | $6.0K | -20.6% | -15630.3% |
| Gross Margin | 20.7% | 20.5% | 22.9% | 0.2pp | -2.2pp |
| Net Margin | -1.2% | 0.1% | 0.1% | -1.4pp | -1.3pp |
| EPS (Diluted) | $-0.01 | $0.00 | $0.00 | -1050.0% | -1683.3% |
| Free Cash Flow | -$88.1K | -$27M | -$425.0K | 99.7% | 79.3% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $576.2K |
| Operating Expenses | $5M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$930.7K |
| Interest Income | $764.1K |
| Interest Expense | $13.6K |
| Other Income/Expenses | $750.5K |
| INCOME BEFORE TAX | -$180.2K |
| Income Tax Expense | $70.0K |
| Net Income from Continuing Ops | -$250.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$250.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$250.2K |
| D&A | $576.2K |
| EBIT | -$166.6K |
| EBITDA | $409.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$250.2K |
| Depreciation & Amortization | $576.2K |
| Stock-Based Compensation | $499.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$736.6K |
| OPERATING CASH FLOW | $88.7K |
| Capital Expenditure | -$176.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$176.8K |
| Net Debt Issuance | -$14.4K |
| Common Stock Repurchased | -$44.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$88.1K |
| Net Change in Cash | -$101.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $429.6K |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $99M |
| Account Payables | $896.3K |
| Short-Term Debt | $180.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $630.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $197.2K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | -$72M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $99M |
| Total Debt | $3M |
| Net Debt | -$4M |
