| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $44M | $468.0K | -74.3% | 2329.3% |
| Op. Income | -$26M | $12M | -$28M | -314.6% | 6.3% |
| Gross Margin | 86.5% | 92.8% | 81.8% | -6.4pp | 4.6pp |
| Net Margin | -235.5% | 24.2% | -5998.1% | -259.7pp | 5762.6pp |
| EPS (Diluted) | $-0.13 | $0.06 | $-0.21 | -335.5% | 38.1% |
| Free Cash Flow | -$45M | $14M | -$28M | -414.9% | -62.2% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$695.0K |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $14.0K |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$27M |
| D&A | $899.0K |
| EBIT | -$25M |
| EBITDA | -$24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | -$3.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$14.0K |
| Acquisitions (Net) | $10M |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $38M |
| Net Receivables | $12M |
| Inventory | $5M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $167M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $50M |
| TOTAL ASSETS | $217M |
| Account Payables | $11M |
| Short-Term Debt | $31M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $932M |
| Retained Earnings | -$807M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $125M |
| Minority Interest | $0 |
| TOTAL EQUITY | $125M |
| TOTAL LIABILITIES & EQUITY | $217M |
| Total Debt | $40M |
| Net Debt | -$53M |
