| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $15M | $8M | 32.8% | 165.6% |
| Op. Income | $6M | $2M | $601.0K | 158.0% | 868.4% |
| Gross Margin | 51.6% | 41.9% | 46.3% | 9.7pp | 5.3pp |
| Net Margin | 28.6% | 14.7% | 7.4% | 13.9pp | 21.1pp |
| EPS (Diluted) | $0.20 | $0.08 | $0.02 | 161.0% | 755.7% |
| Free Cash Flow | -$965.0K | -$3M | -$212.0K | 68.1% | -355.2% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $6M |
| Interest Income | $22.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $81.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $6M |
| Interest Income | $22.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$16.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $81.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $81.0K |
| Stock-Based Compensation | $820.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$767.0K |
| Capital Expenditure | -$198.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$198.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$429.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $361.0K |
| FREE CASH FLOW | -$965.0K |
| Net Change in Cash | -$536.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $15M |
| Other Current Assets | $613.0K |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $121.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $62M |
| Account Payables | $4M |
| Short-Term Debt | $794.0K |
| Deferred Revenue | $152.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $69.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44.0K |
| TOTAL NON-CURRENT LIABILITIES | $325.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $271.0K |
| Additional Paid-In Capital | $118M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$105.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $1M |
| Net Debt | -$30M |
