| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $845.0K | $3M | 20.4% | -59.9% |
| Op. Income | -$2M | -$2M | -$2M | 22.2% | 17.4% |
| Gross Margin | 34.8% | 26.7% | 42.3% | 8.1pp | -7.5pp |
| Net Margin | -189.9% | -102.6% | -97.9% | -87.3pp | -91.9pp |
| EPS (Diluted) | $-6.70 | $-3.20 | $-14.30 | -109.4% | 53.1% |
| Free Cash Flow | -$1M | -$2M | -$2M | 38.6% | 29.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $663.0K |
| GROSS PROFIT | $354.0K |
| R&D Expenses | $585.0K |
| Selling & Marketing | $698.0K |
| General & Administrative | $726.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $254.0K |
| Other Income/Expenses | -$276.0K |
| 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 | $7.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $7.0K |
| Stock-Based Compensation | $79.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $385.0K |
| Change in Working Capital | $77.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$186.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$139.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $620.0K |
| Short-Term Investments | $197.0K |
| Net Receivables | $664.0K |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $979.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $11M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $389.0K |
| Other Current Liabilities | $880.0K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $71.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $293.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $159.0K |
| TOTAL STOCKHOLDERS' EQUITY | $388.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $388.0K |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $5M |
| Net Debt | $5M |
