| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $7M | $16M | 120.7% | -2.4% |
| Op. Income | -$870.0K | -$4M | -$25.0K | 78.8% | -3380.0% |
| Gross Margin | 57.8% | 44.6% | 54.1% | 13.3pp | 3.7pp |
| Net Margin | -5.3% | -57.8% | -0.8% | 52.5pp | -4.5pp |
| EPS (Diluted) | $-0.04 | $-0.19 | $-0.01 | 80.2% | -508.1% |
| Free Cash Flow | $7M | -$1M | -$130.0K | 576.6% | 5453.1% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $10M |
| Operating Expenses | $10M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$870.0K |
| Interest Income | $168.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $371.0K |
| INCOME BEFORE TAX | -$499.0K |
| Income Tax Expense | $330.0K |
| Net Income from Continuing Ops | -$829.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$829.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$829.0K |
| D&A | $341.0K |
| EBIT | -$870.0K |
| EBITDA | -$529.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$829.0K |
| Depreciation & Amortization | $369.0K |
| Stock-Based Compensation | $686.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$561.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$561.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34.0K |
| NET CASH FROM FINANCING | $34.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $14M |
| Other Current Assets | $868.0K |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $7M |
| Goodwill | $2M |
| Intangible Assets | $4M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $52M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $91.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $130M |
| Retained Earnings | -$70M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $2M |
| Net Debt | -$19M |
