| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $18M | — | -41.6% |
| Op. Income | -$7M | — | -$20M | — | 64.9% |
| Gross Margin | -7.2% | — | 16.0% | — | -23.2pp |
| Net Margin | -95.1% | — | -136.5% | — | 41.4pp |
| EPS (Diluted) | $-40.80 | — | $-767.70 | — | 94.7% |
| Free Cash Flow | -$2M | — | -$214.1K | — | -683.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $11M |
| GROSS PROFIT | -$753.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $7M |
| EBIT | -$7M |
| EBITDA | -$425.0K |
| EPS | -$41 |
| EPS Diluted | -$41 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $920.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$1M |
| 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 | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$286.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $385.0K |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $60M |
| Goodwill | $112.0K |
| Intangible Assets | $776.0K |
| Long-Term Investments | $396.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4K |
| TOTAL NON-CURRENT ASSETS | $61M |
| TOTAL ASSETS | $76M |
| Account Payables | $11M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $712.0K |
| Additional Paid-In Capital | $210M |
| Retained Earnings | -$192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$18M |
| TOTAL STOCKHOLDERS' EQUITY | $158.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $158.0K |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $63M |
| Net Debt | $55M |
