| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376.0K | $341.0K | $238.0K | 10.3% | 58.0% |
| Op. Income | -$20M | -$48M | -$53M | 58.8% | 62.4% |
| Gross Margin | -89.9% | -50.1% | 96.2% | -39.7pp | -186.1pp |
| Net Margin | -5919.1% | -14805.3% | -23028.6% | 8886.1pp | 17109.4pp |
| EPS (Diluted) | $-12.09 | $-27.60 | $-31.24 | 56.2% | 61.3% |
| Free Cash Flow | -$27M | -$38M | -$39M | 28.5% | 30.5% |
| Item | Amount |
|---|---|
| REVENUE | $376.0K |
| Cost of Revenue | $714.0K |
| GROSS PROFIT | -$338.0K |
| R&D Expenses | $10M |
| Selling & Marketing | $319.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$20M |
| Interest Income | $946.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $78.0K |
| EBIT | -$19M |
| EBITDA | -$19M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $78.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$27M |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$252.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $71.0K |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $87.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $74M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $163.0K |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $130M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $534M |
| Retained Earnings | -$591M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$57M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$57M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $101M |
| Net Debt | $36M |
