| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $13M | 5.5% | -12.7% |
| Op. Income | -$690.0K | $311.0K | $56.0K | -321.9% | -1332.1% |
| Gross Margin | 20.6% | 26.2% | 25.5% | -5.7pp | -4.9pp |
| Net Margin | -9.6% | -4.3% | -1.4% | -5.2pp | -8.2pp |
| EPS (Diluted) | $-7.07 | $-3.04 | $-2.31 | -132.6% | -206.1% |
| Free Cash Flow | -$2M | $2M | -$3M | -188.3% | 28.5% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$690.0K |
| Interest Income | $0 |
| Interest Expense | $424.0K |
| Other Income/Expenses | -$424.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $61.0K |
| EBIT | -$690.0K |
| EBITDA | -$629.0K |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $61.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$786.0K |
| Change in Working Capital | -$992.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$76.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$76.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$389.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $45.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68.0K |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $17M |
| Other Current Assets | $490.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $8M |
| Tax Assets | $8M |
| Other Non-Current Assets | $48.0K |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $67M |
| Account Payables | $4M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $351.0K |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $0 |
| Additional Paid-In Capital | $193M |
| Retained Earnings | -$187M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $31M |
| Net Debt | $31M |
