| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $34M | $29M | -3.7% | 14.4% |
| Op. Income | -$4M | -$4M | -$2M | -6.7% | -98.7% |
| Gross Margin | 43.4% | 44.7% | 49.9% | -1.3pp | -6.5pp |
| Net Margin | -8.8% | -19.5% | -6.2% | 10.7pp | -2.7pp |
| EPS (Diluted) | $-0.03 | $-0.06 | $-0.02 | 56.4% | -54.2% |
| Free Cash Flow | -$3M | -$5M | $187.0K | 41.0% | -1562.6% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $14M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $15M |
| Operating Expenses | $18M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$4M |
| Interest Income | $113.0K |
| Interest Expense | $113.0K |
| Other Income/Expenses | $112.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$703.0K |
| 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 | -$4M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $457.0K |
| Deferred Income Tax | -$703.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$610.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$610.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$181.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $20M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $18M |
| Goodwill | $83M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $141M |
| TOTAL ASSETS | $226M |
| Account Payables | $18M |
| Short-Term Debt | $9M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $83M |
| Common Stock | $376.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $644.0K |
| Other Equity | $225M |
| TOTAL STOCKHOLDERS' EQUITY | $142M |
| Minority Interest | $102.0K |
| TOTAL EQUITY | $142M |
| TOTAL LIABILITIES & EQUITY | $226M |
| Total Debt | $32M |
| Net Debt | $12M |
