| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $12M | $8M | 38.9% | 106.4% |
| Op. Income | -$4M | -$7M | -$63M | 44.1% | 93.7% |
| Gross Margin | 38.1% | 23.9% | 22.6% | 14.2pp | 15.6pp |
| Net Margin | -12.6% | -62.1% | -805.6% | 49.5pp | 793.0pp |
| EPS (Diluted) | $-0.02 | $-0.08 | $-0.76 | 76.6% | 97.5% |
| Free Cash Flow | -$34M | -$15M | -$1M | -126.0% | -2174.0% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$2M |
| Operating Expenses | $10M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $13.0K |
| 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 | $3M |
| EBIT | -$10M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$800.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $47M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $82M |
| PP&E (Net) | $92M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $107M |
| TOTAL ASSETS | $189M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $112.3K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $1M |
| Additional Paid-In Capital | $291M |
| Retained Earnings | -$147M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $189M |
| Total Debt | $6M |
| Net Debt | -$12M |
