| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $0 | $0 | — | — |
| Op. Income | -$6M | -$5M | -$7M | -19.5% | 24.2% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -486.5% | — | — | — | — |
| EPS (Diluted) | $-1.17 | $-1.67 | $-2.21 | 29.9% | 47.1% |
| Free Cash Flow | -$7M | -$3M | -$5M | -151.7% | -42.0% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$6M |
| Interest Income | $79.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$292.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $22.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $22.0K |
| Stock-Based Compensation | $220.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$783.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$7M |
| 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 | -$191.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $981.0K |
| Inventory | $0 |
| Other Current Assets | $571.0K |
| TOTAL CURRENT ASSETS | $54M |
| PP&E (Net) | $311.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $311.0K |
| TOTAL ASSETS | $54M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $17.0K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $481.0K |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $307M |
| Retained Earnings | -$286M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $5M |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $298.0K |
| Net Debt | -$52M |
