| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101.7K | $61.8K | $0 | 64.5% | — |
| Op. Income | -$491.9K | -$598.1K | -$664.0K | 17.8% | 25.9% |
| Gross Margin | -16.5% | -263.7% | — | 247.2pp | — |
| Net Margin | -462.7% | -1128.0% | — | 665.3pp | — |
| EPS (Diluted) | $-0.00 | $-0.00 | $-0.00 | 38.7% | 45.7% |
| Free Cash Flow | -$611.9K | -$2M | -$2M | 63.4% | 60.4% |
| Item | Amount |
|---|---|
| REVENUE | $101.7K |
| Cost of Revenue | $118.5K |
| GROSS PROFIT | -$16.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $180.2K |
| SG&A Expenses | $180.2K |
| Other Expenses | $294.9K |
| Operating Expenses | $475.1K |
| Cost & Expenses | $593.6K |
| OPERATING INCOME | -$491.9K |
| Interest Income | $9.1K |
| Interest Expense | $4.8K |
| Other Income/Expenses | $21.2K |
| INCOME BEFORE TAX | -$470.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$470.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$470.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$470.7K |
| D&A | $59.1K |
| EBIT | -$465.9K |
| EBITDA | -$406.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$470.7K |
| Depreciation & Amortization | $59.1K |
| Stock-Based Compensation | $75.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $126.5K |
| Change in Working Capital | -$402.2K |
| OPERATING CASH FLOW | -$611.9K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $400.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $400.0K |
| FREE CASH FLOW | -$611.9K |
| Net Change in Cash | -$211.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180.6K |
| Short-Term Investments | $0 |
| Net Receivables | $865.8K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $987.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $8M |
| Account Payables | $51.7K |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $319.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $775.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $421.8K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $421.8K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $4.9K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $400.0K |
| Net Debt | $219.4K |
