| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $5M | 36.3% | -36.9% |
| Op. Income | -$2M | -$13M | -$5M | 86.1% | 62.8% |
| Gross Margin | 28.6% | -482.5% | 28.1% | 511.1pp | 0.5pp |
| Net Margin | -27.1% | -305.0% | -86.3% | 277.9pp | 59.1pp |
| EPS (Diluted) | $-19.50 | $-207.50 | $-24289.00 | 90.6% | 99.9% |
| Free Cash Flow | $267.2K | $480.4K | -$3M | -44.4% | 108.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $892.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $242.4K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $846.7K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$846.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$846.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$846.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$846.8K |
| D&A | $115.1K |
| EBIT | -$89 |
| EBITDA | $115.0K |
| EPS | -$1.9K |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$846.8K |
| Depreciation & Amortization | $115.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $267.2K |
| 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 | -$601.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$601.0K |
| FREE CASH FLOW | $267.2K |
| Net Change in Cash | $184.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $386.5K |
| Short-Term Investments | $0 |
| Net Receivables | $444.6K |
| Inventory | $3M |
| Other Current Assets | $280.8K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $7M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $528 |
| Additional Paid-In Capital | $134M |
| Retained Earnings | -$153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $115.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$18M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$18M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $4M |
| Net Debt | $3M |
