| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $475.0K | $42.0K | 132.2% | 2526.2% |
| Op. Income | -$20M | -$26M | -$3M | 22.9% | -500.5% |
| Gross Margin | -64.8% | -254.5% | -795.2% | 189.7pp | 730.4pp |
| Net Margin | -19684.0% | -5564.0% | -6754.8% | -14120.0pp | -12929.2pp |
| EPS (Diluted) | $-12.02 | $-0.09 | $-0.00 | -13528.1% | -245206.1% |
| Free Cash Flow | -$17M | -$18M | -$4M | 5.0% | -362.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$715.0K |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$20M |
| Interest Income | $168.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$257M |
| INCOME BEFORE TAX | -$277M |
| Income Tax Expense | -$4.0K |
| Net Income from Continuing Ops | -$277M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$217M |
| D&A | $2M |
| EBIT | -$269M |
| EBITDA | -$267M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$217M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $202M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$449.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$449.0K |
| Net Debt Issuance | -$479.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $816.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $530.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $37M |
| Goodwill | $435M |
| Intangible Assets | $35M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $509M |
| TOTAL ASSETS | $544M |
| Account Payables | $6M |
| Short-Term Debt | $833.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $536.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $167M |
| TOTAL NON-CURRENT LIABILITIES | $185M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $775M |
| Retained Earnings | -$480M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $8.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293M |
| Minority Interest | $45M |
| TOTAL EQUITY | $338M |
| TOTAL LIABILITIES & EQUITY | $544M |
| Total Debt | $25M |
| Net Debt | -$8M |
