| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $2M | -32.9% | -13.3% |
| Op. Income | -$2M | -$662.0K | -$2M | -158.6% | 11.9% |
| Gross Margin | -17.6% | 17.2% | -6.4% | -34.7pp | -11.2pp |
| Net Margin | -106.8% | -72.3% | -420.5% | -34.5pp | 313.7pp |
| EPS (Diluted) | $-12.50 | $-19.70 | $-125.60 | 36.5% | 90.0% |
| Free Cash Flow | -$134.0K | -$1M | -$1M | 88.7% | 87.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$352.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $246.0K |
| Other Income/Expenses | -$426.0K |
| 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 | $234.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$13 |
| EPS Diluted | -$13 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $234.0K |
| Stock-Based Compensation | $128.0K |
| Deferred Income Tax | -$128.0K |
| Other Non-Cash Items | $629.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$139.0K |
| Capital Expenditure | $5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $123.0K |
| NET CASH FROM INVESTING | $128.0K |
| Net Debt Issuance | -$40.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $56.0K |
| FREE CASH FLOW | -$134.0K |
| Net Change in Cash | $45.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403.0K |
| Short-Term Investments | $0 |
| Net Receivables | $559.0K |
| Inventory | $3M |
| Other Current Assets | $311.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $516.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $17M |
| Account Payables | $2M |
| Short-Term Debt | $578.0K |
| Deferred Revenue | $88.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $0 |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $853.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $853.0K |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $14M |
| Net Debt | $13M |
