| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | — | $35M | — | -7.5% |
| Op. Income | -$8M | — | -$5M | — | -73.3% |
| Gross Margin | 58.0% | — | 61.3% | — | -3.4pp |
| Net Margin | -24.1% | — | -18.4% | — | -5.7pp |
| EPS (Diluted) | $-0.98 | — | $-0.90 | — | -8.9% |
| Free Cash Flow | $0 | — | -$4M | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $19M |
| R&D Expenses | $23M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | -$4 |
| Operating Expenses | $27M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$8M |
| Interest Income | $677.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$25.1K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$83.4K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$372.8K |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $122.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $1M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $212.4K |
| Long-Term Investments | $3M |
| Tax Assets | $322.6K |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $66M |
| Account Payables | $14M |
| Short-Term Debt | $32M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $1.2K |
| Additional Paid-In Capital | $109M |
| Retained Earnings | -$111M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | -$4M |
| TOTAL EQUITY | -$8M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $37M |
| Net Debt | $35M |
