| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $29M | $29M | 2.9% | 0.9% |
| Op. Income | -$226.0K | $296.0K | $1M | -176.4% | -119.7% |
| Gross Margin | 32.8% | 36.0% | 37.3% | -3.2pp | -4.5pp |
| Net Margin | -2.6% | -1.5% | 2.8% | -1.1pp | -5.4pp |
| EPS (Diluted) | $-0.10 | $-0.06 | $0.12 | -70.4% | -183.3% |
| Free Cash Flow | -$3M | -$2M | $3M | -37.8% | -180.9% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$226.0K |
| Interest Income | $0 |
| Interest Expense | $150.0K |
| Other Income/Expenses | -$224.0K |
| INCOME BEFORE TAX | -$450.0K |
| Income Tax Expense | $308.0K |
| Net Income from Continuing Ops | -$758.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$758.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$758.0K |
| D&A | $924.0K |
| EBIT | -$299.0K |
| EBITDA | $625.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$758.0K |
| Depreciation & Amortization | $924.0K |
| Stock-Based Compensation | $148.0K |
| Deferred Income Tax | $210.0K |
| Other Non-Cash Items | $6.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$289.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$289.0K |
| Net Debt Issuance | -$187.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$501.0K |
| NET CASH FROM FINANCING | -$675.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $35M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $13M |
| Goodwill | $12M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $51M |
| TOTAL ASSETS | $115M |
| Account Payables | $9M |
| Short-Term Debt | $1M |
| Deferred Revenue | $262.0K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $186.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $528.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $57M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $10M |
| Net Debt | $5M |
