| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $3M | — | 170.0% | — |
| Op. Income | -$8M | -$9M | — | 4.7% | — |
| Gross Margin | 60.6% | 39.6% | — | 21.0pp | — |
| Net Margin | -225.7% | -280.6% | — | 54.9pp | — |
| EPS (Diluted) | $-3.13 | $-1.71 | — | -83.0% | — |
| Free Cash Flow | -$7M | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$8M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $292.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $544.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$566.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$313.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $70M |
| Net Receivables | $4M |
| Inventory | $1M |
| Other Current Assets | $275.0K |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $221.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $110M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$230M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $0 |
| TOTAL EQUITY | $59M |
| TOTAL LIABILITIES & EQUITY | $110M |
| Total Debt | $4M |
| Net Debt | -$22M |
