| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $13M | $11M | -11.1% | -2.0% |
| Op. Income | -$9M | -$8M | -$7M | -16.8% | -24.5% |
| Gross Margin | 90.3% | 92.6% | 90.3% | -2.3pp | 0.0pp |
| Net Margin | -64.4% | -61.0% | -68.1% | -3.4pp | 3.7pp |
| EPS (Diluted) | $-0.21 | $-0.23 | $-0.27 | 8.7% | 22.2% |
| Free Cash Flow | -$787.0K | -$6M | $3M | 86.1% | -127.4% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $10M |
| R&D Expenses | $10M |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$9M |
| Interest Income | $990.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $706.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $531.0K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $531.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$551.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$391.0K |
| Capital Expenditure | -$396.0K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$501.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $263.0K |
| NET CASH FROM FINANCING | -$238.0K |
| FREE CASH FLOW | -$787.0K |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $31M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $6M |
| Goodwill | $4M |
| Intangible Assets | $5M |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $116M |
| Account Payables | $572.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $448.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $78M |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $101.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $116M |
| Total Debt | $4M |
| Net Debt | -$34M |
