| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $8M | 16.7% | -28.8% |
| Op. Income | -$4M | -$5M | -$1M | 11.2% | -197.7% |
| Gross Margin | 71.3% | 74.1% | 77.5% | -2.7pp | -6.2pp |
| Net Margin | -64.1% | -97.5% | -15.9% | 33.4pp | -48.2pp |
| EPS (Diluted) | $-0.12 | $-0.15 | $-0.04 | 20.0% | -200.0% |
| Free Cash Flow | -$2M | -$2M | $2M | -0.9% | -193.6% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$4M |
| Interest Income | $667.0K |
| Interest Expense | $22.0K |
| Other Income/Expenses | $401.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$55.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $342.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $342.0K |
| Stock-Based Compensation | $353.0K |
| Deferred Income Tax | -$55.0K |
| Other Non-Cash Items | $302.0K |
| Change in Working Capital | $682.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $427.0K |
| NET CASH FROM INVESTING | $427.0K |
| Net Debt Issuance | -$73.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$73.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $4M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $276.0K |
| Other Non-Current Assets | $766.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $64M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $364.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $64M |
| Total Debt | $488.0K |
| Net Debt | -$47M |
