| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | 2.0% | 1.2% |
| Op. Income | -$857.0K | $129.0K | -$3M | -764.3% | 68.9% |
| Gross Margin | 92.4% | 89.7% | 89.2% | 2.7pp | 3.2pp |
| Net Margin | -12.2% | 1.9% | -39.8% | -14.1pp | 27.6pp |
| EPS (Diluted) | $-0.20 | $-0.13 | $-0.81 | -53.8% | 75.3% |
| Free Cash Flow | -$10M | $12M | -$4M | -184.8% | -124.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $532.0K |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $153.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$857.0K |
| Interest Income | $6M |
| Interest Expense | $559.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$857.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$857.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$857.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$857.0K |
| D&A | $260.0K |
| EBIT | -$857.0K |
| EBITDA | -$597.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$857.0K |
| Depreciation & Amortization | $260.0K |
| Stock-Based Compensation | $20.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $40.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $61M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $555M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $585M |
| TOTAL ASSETS | $691M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $588M |
| TOTAL CURRENT LIABILITIES | $588M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $640M |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$44M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $691M |
| Total Debt | $40M |
| Net Debt | -$4M |
