| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $4M | — | 39.6% |
| Op. Income | -$483.4K | — | -$5M | — | 89.4% |
| Gross Margin | 66.1% | — | 52.6% | — | 13.4pp |
| Net Margin | -12.1% | — | -117.6% | — | 105.4pp |
| EPS (Diluted) | $-0.20 | — | $-1.60 | — | 87.5% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$483.4K |
| Interest Income | $0 |
| Interest Expense | $197.0K |
| Other Income/Expenses | -$195.2K |
| INCOME BEFORE TAX | -$678.6K |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$682.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$682.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$682.5K |
| D&A | $247.7K |
| EBIT | -$483.4K |
| EBITDA | -$235.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$682.5K |
| Depreciation & Amortization | $247.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $434.9K |
| 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 | $345.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $500.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $216.0K |
| Goodwill | $10M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $298.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $22M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $305.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $0 |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $3M |
| Net Debt | -$410.0K |
