| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $4M | 23.6% | -23.7% |
| Op. Income | -$1M | -$2M | -$2M | 36.2% | 23.9% |
| Gross Margin | 22.5% | -6.4% | 25.3% | 28.9pp | -2.9pp |
| Net Margin | -56.0% | -420.5% | -54.4% | 364.5pp | -1.6pp |
| EPS (Diluted) | $-19.50 | $-125.60 | $-32.80 | 84.5% | 40.5% |
| Free Cash Flow | -$456.0K | -$1M | -$2M | 55.7% | 70.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $641.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $511.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $6.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $329.0K |
| Other Income/Expenses | -$358.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $407.0K |
| EBIT | -$1M |
| EBITDA | -$862.0K |
| EPS | -$20 |
| EPS Diluted | -$20 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $407.0K |
| Stock-Based Compensation | $143.0K |
| Deferred Income Tax | -$143.0K |
| Other Non-Cash Items | $62.0K |
| Change in Working Capital | $701.0K |
| OPERATING CASH FLOW | -$428.0K |
| Capital Expenditure | -$28.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$456.0K |
| Net Change in Cash | -$456.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267.0K |
| Short-Term Investments | $0 |
| Net Receivables | $860.0K |
| Inventory | $4M |
| Other Current Assets | $941.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $256.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $20M |
| Account Payables | $2M |
| Short-Term Debt | $16M |
| Deferred Revenue | $115.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $74M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $19M |
| Net Debt | $18M |
