| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $6M | $959.9K | 95.4% | 1159.3% |
| Op. Income | -$1M | -$7M | -$8M | 81.3% | 84.1% |
| Gross Margin | 17.8% | 100.0% | 100.0% | -82.2pp | -82.2pp |
| Net Margin | -6.3% | -103.3% | -804.3% | 97.0pp | 798.0pp |
| EPS (Diluted) | $-0.02 | $-0.25 | $-0.31 | 90.0% | 92.0% |
| Free Cash Flow | -$12M | -$9M | -$8M | -30.7% | -51.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $2M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$10M |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$1M |
| Interest Income | $233.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $519.2K |
| INCOME BEFORE TAX | -$762.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$762.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$762.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$762.1K |
| D&A | $307.6K |
| EBIT | -$1M |
| EBITDA | -$973.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$762.1K |
| Depreciation & Amortization | $307.6K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$729.2K |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $25M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $268.2K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $59M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $31.1K |
| Additional Paid-In Capital | $182M |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $235.8K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $59M |
| Total Debt | $2M |
| Net Debt | -$12M |
