| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $239.9K | $363.5K | $314.6K | -34.0% | -23.7% |
| Op. Income | -$3M | -$8M | -$3M | 56.5% | -1.5% |
| Gross Margin | 49.9% | 57.8% | 65.2% | -7.9pp | -15.3pp |
| Net Margin | -1426.4% | -2177.9% | -1071.5% | 751.5pp | -354.8pp |
| EPS (Diluted) | $-0.86 | $-2.01 | $-1.02 | 57.2% | 15.7% |
| Free Cash Flow | -$3M | -$3M | -$3M | -5.3% | -9.5% |
| Item | Amount |
|---|---|
| REVENUE | $239.9K |
| Cost of Revenue | $120.1K |
| GROSS PROFIT | $119.8K |
| R&D Expenses | $38.8K |
| Selling & Marketing | $370.2K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $42.2K |
| Interest Expense | $835.3K |
| Other Income/Expenses | $43.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $237.9K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $237.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20.3K |
| Change in Working Capital | -$264.2K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$46.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$22.3K |
| NET CASH FROM INVESTING | -$46.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $282.8K |
| Inventory | $380.3K |
| Other Current Assets | $520.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $273.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $174.1K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $25M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $639.2K |
| Other Current Liabilities | $12.9K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $39.7K |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $3M |
| Net Debt | -$16M |
