| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $4M | 87.8% | -52.2% |
| Op. Income | -$10M | -$20M | -$11M | 50.6% | 7.0% |
| Gross Margin | 6.4% | -382.7% | 20.9% | 389.1pp | -14.5pp |
| Net Margin | -501.4% | -1863.3% | -244.3% | 1361.9pp | -257.1pp |
| EPS (Diluted) | $-0.16 | $-0.31 | $-0.16 | 48.4% | 0.0% |
| Free Cash Flow | -$10M | -$9M | -$9M | -11.8% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $128.3K |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $1M |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $44.8K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $1M |
| EBIT | -$10M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11.3K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $10M |
| Other Current Assets | $487.4K |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $29M |
| Long-Term Investments | $650.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $77M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $347.5K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $368.5K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $65.3K |
| Additional Paid-In Capital | $380M |
| Retained Earnings | -$304M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $77M |
| Total Debt | $874.9K |
| Net Debt | -$16M |
