| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $73M | $97M | 15.9% | -13.4% |
| Op. Income | -$25M | -$26M | -$6M | 0.2% | -297.7% |
| Gross Margin | 43.1% | 44.8% | 50.2% | -1.7pp | -7.0pp |
| Net Margin | -29.5% | -34.7% | -10.7% | 5.2pp | -18.8pp |
| EPS (Diluted) | $-3.32 | $-3.38 | $-1.84 | 1.8% | -80.4% |
| Free Cash Flow | -$15M | -$26M | -$12M | 42.7% | -24.6% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $41M |
| SG&A Expenses | $58M |
| Other Expenses | $4M |
| Operating Expenses | $62M |
| Cost & Expenses | $110M |
| OPERATING INCOME | -$25M |
| Interest Income | $126.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$128.0K |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$726.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $4M |
| EBIT | -$22M |
| EBITDA | -$18M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$898.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$319.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | $377.0K |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $117M |
| Other Current Assets | $463.0K |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $146M |
| Goodwill | $0 |
| Intangible Assets | $133.0K |
| Long-Term Investments | $2M |
| Tax Assets | $23M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $175M |
| TOTAL ASSETS | $484M |
| Account Payables | $12M |
| Short-Term Debt | $10M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $167M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $559M |
| Retained Earnings | -$239M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $317M |
| Minority Interest | $0 |
| TOTAL EQUITY | $317M |
| TOTAL LIABILITIES & EQUITY | $484M |
| Total Debt | $106M |
| Net Debt | -$62M |
