| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $16M | $0 | 19.4% | — |
| Op. Income | -$10M | -$12M | -$657.0K | 15.3% | -1444.6% |
| Gross Margin | 79.5% | 78.4% | — | 1.1pp | — |
| Net Margin | -64.4% | -84.5% | — | 20.1pp | — |
| EPS (Diluted) | $-12.11 | $-13.28 | $0.02 | 8.8% | -53448.0% |
| Free Cash Flow | -$16M | -$10M | -$121.8K | -62.3% | -13190.4% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $15M |
| R&D Expenses | $6M |
| Selling & Marketing | $15M |
| General & Administrative | $5M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $48.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $243.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $182.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $737.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$459.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$459.0K |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$285.0K |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $51M |
| Account Payables | $6M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$132M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$32M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$32M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $60M |
| Net Debt | $52M |
