| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $730.0K | 61.1% | 234.8% |
| Op. Income | -$3M | -$3M | -$1M | 14.8% | -114.3% |
| Gross Margin | 27.3% | 18.1% | 37.3% | 9.2pp | -10.0pp |
| Net Margin | -114.8% | -258.7% | -240.1% | 143.9pp | 125.3pp |
| EPS (Diluted) | $-0.21 | $-0.35 | $-0.14 | 38.7% | -52.2% |
| Free Cash Flow | -$2M | -$3M | -$3M | 11.0% | 6.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $666.0K |
| R&D Expenses | $568.0K |
| Selling & Marketing | $598.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $171.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Other Income/Expenses | -$269.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $192.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $192.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $702.9K |
| Change in Working Capital | -$332.7K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$229.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$229.0K |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$536.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $722.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $163.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $9M |
| Account Payables | $1M |
| Short-Term Debt | $9M |
| Deferred Revenue | $394.0K |
| Other Current Liabilities | $698.0K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $123.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $65M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $11M |
| Net Debt | $9M |
