| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $3M | 19.4% | 126.4% |
| Op. Income | -$8M | -$7M | -$2M | -14.8% | -287.7% |
| Gross Margin | -8.8% | -5.1% | -9.7% | -3.7pp | 0.9pp |
| Net Margin | -98.9% | -102.4% | -57.8% | 3.5pp | -41.2pp |
| EPS (Diluted) | $-0.77 | $-0.67 | $-0.22 | -14.9% | -250.0% |
| Free Cash Flow | -$3M | -$9M | -$1M | 71.7% | -93.7% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$697.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $200.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$8M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $330.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $330.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $709.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$117.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$50.0K |
| NET CASH FROM INVESTING | -$167.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$499.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $57.0K |
| NET CASH FROM FINANCING | -$442.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $12M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $3M |
| Goodwill | $5M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $62.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $38M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $266.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $2M |
| Net Debt | $17.0K |
