| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125.0K | $150.0K | $300.0K | -16.7% | -58.3% |
| Op. Income | -$656.8K | -$1M | -$267.9K | 46.4% | -145.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -500.4% | -2163.3% | -37.5% | 1663.0pp | -462.9pp |
| EPS (Diluted) | $-0.07 | $-0.34 | $-0.01 | 80.7% | -455.6% |
| Free Cash Flow | $191.0K | -$965.2K | $355.6K | 119.8% | -46.3% |
| Item | Amount |
|---|---|
| REVENUE | $125.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $125.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $72.0K |
| General & Administrative | $709.8K |
| SG&A Expenses | $781.8K |
| Other Expenses | $0 |
| Operating Expenses | $781.8K |
| Cost & Expenses | $781.8K |
| OPERATING INCOME | -$656.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $31.3K |
| INCOME BEFORE TAX | -$625.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$625.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$625.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$625.5K |
| D&A | $142.8K |
| EBIT | -$625.5K |
| EBITDA | -$482.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$625.5K |
| Depreciation & Amortization | $142.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $135.8K |
| Change in Working Capital | $542.2K |
| OPERATING CASH FLOW | $195.4K |
| Capital Expenditure | -$4.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$438.1K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.3K |
| NET CASH FROM INVESTING | -$440.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $191.0K |
| Net Change in Cash | -$244.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $361.2K |
| Short-Term Investments | $459.4K |
| Net Receivables | $674.1K |
| Inventory | $0 |
| Other Current Assets | $36.5K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $53.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $3M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $631.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $9.6K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $913.9K |
| Minority Interest | $0 |
| TOTAL EQUITY | $913.9K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $1M |
| Net Debt | $645.0K |
