| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $19M | — | -5.1% | — |
| Op. Income | -$24M | -$26M | — | 7.0% | — |
| Gross Margin | 64.5% | 67.4% | — | -2.8pp | — |
| Net Margin | -134.0% | -137.2% | — | 3.2pp | — |
| EPS (Diluted) | $-23.14 | $-24.99 | — | 7.4% | — |
| Free Cash Flow | -$4M | -$7M | — | 49.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $11M |
| R&D Expenses | $11M |
| Selling & Marketing | $7M |
| General & Administrative | $18M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$24M |
| Interest Income | $809.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $757.2K |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | $156.5K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $6M |
| EBIT | -$22M |
| EBITDA | -$15M |
| EPS | -$23 |
| EPS Diluted | -$23 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$637.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$47.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $740.5K |
| NET CASH FROM FINANCING | -$278.9K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $10M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $140.9K |
| Long-Term Investments | $49.2K |
| Tax Assets | $777.3K |
| Other Non-Current Assets | $743.4K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $152M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $662.9K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $709M |
| Retained Earnings | -$563M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $112M |
| Minority Interest | $0 |
| TOTAL EQUITY | $112M |
| TOTAL LIABILITIES & EQUITY | $152M |
| Total Debt | $2M |
| Net Debt | -$88M |
