| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $4M | — | -65.5% |
| Op. Income | -$4M | — | -$4M | — | 2.8% |
| Gross Margin | -2.6% | — | 24.0% | — | -26.6pp |
| Net Margin | -274.1% | — | -185.4% | — | -88.7pp |
| EPS (Diluted) | $-0.10 | — | $-0.27 | — | 64.2% |
| Free Cash Flow | -$2M | — | -$1M | — | -60.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$34.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $620.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $615.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Expense | $253.0K |
| Other Income/Expenses | $229.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$85.0K |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $233.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $233.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $600.9K |
| Change in Working Capital | $668.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $19.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7.3K |
| Net Debt Issuance | $51.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $616.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $77.0K |
| Net Receivables | $2M |
| Inventory | $250.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $77.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $9M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $228.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $55M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $32M |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | -$5M |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $2M |
| Net Debt | -$273.0K |
