| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $5M | $9M | 89.3% | -2.3% |
| Op. Income | -$3M | -$11M | -$4M | 76.6% | 33.9% |
| Gross Margin | 58.4% | -55.1% | 59.1% | 113.5pp | -0.7pp |
| Net Margin | -35.0% | 191.2% | -30.2% | -226.2pp | -4.7pp |
| EPS (Diluted) | $-0.05 | $0.50 | $-0.04 | -109.8% | -16.2% |
| Free Cash Flow | -$8M | $18M | -$6M | -143.7% | -26.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $567.5K |
| Operating Expenses | $8M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$3M |
| Interest Income | $17.2K |
| Interest Expense | $576.0K |
| Other Income/Expenses | -$465.8K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $319.2K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $319.2K |
| Stock-Based Compensation | $376.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $356.2K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$508.9K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $967.3K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $297.2K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $49M |
| Account Payables | $4M |
| Short-Term Debt | $839.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $7.6K |
| Additional Paid-In Capital | $178M |
| Retained Earnings | -$170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $11M |
| Net Debt | $11M |
