| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | — | $24M | — | 49.4% |
| Op. Income | -$5M | — | $8M | — | -158.2% |
| Gross Margin | 61.3% | — | 69.2% | — | -7.9pp |
| Net Margin | -18.4% | — | 27.5% | — | -45.9pp |
| EPS (Diluted) | $-0.90 | — | $0.86 | — | -204.7% |
| Free Cash Flow | -$4M | — | -$3M | — | -33.6% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $22M |
| R&D Expenses | $20M |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$5M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$929.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $881.5K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $42.9K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $427.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$106.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $112.7K |
| NET CASH FROM INVESTING | $5.9K |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$497.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $768.2K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $637.1K |
| Long-Term Investments | $3M |
| Tax Assets | $4M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $61M |
| Account Payables | $9M |
| Short-Term Debt | $29M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $891.9K |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $70M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | -$3M |
| TOTAL EQUITY | -$9M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $33M |
| Net Debt | $32M |
