| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $1M | $3M | 88.0% | -0.6% |
| Op. Income | -$2M | -$2M | -$553.0K | 0.1% | -262.4% |
| Gross Margin | 42.3% | 39.7% | 38.3% | 2.6pp | 4.0pp |
| Net Margin | -97.9% | -163.7% | -131.5% | 65.8pp | 33.5pp |
| EPS (Diluted) | $-14.30 | $-12.70 | $-27.40 | -12.6% | 47.8% |
| Free Cash Flow | -$2M | -$2M | -$1M | 2.7% | -51.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $717.0K |
| Selling & Marketing | $925.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Expense | $896.0K |
| Other Income/Expenses | -$478.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $5.8K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$706.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $34.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$732.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$742.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $2M |
| Net Receivables | $3M |
| Inventory | $1M |
| Other Current Assets | $581.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $806.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $15M |
| Account Payables | $2M |
| Short-Term Debt | $998.0K |
| Deferred Revenue | $484.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $164.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $89.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $7M |
| Net Debt | $3M |
