| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $4M | $4M | 219.9% | 193.3% |
| Op. Income | $13M | -$99M | $17M | 113.4% | -23.8% |
| Gross Margin | 20.7% | 4.9% | -27.1% | 15.8pp | 47.7pp |
| Net Margin | 78.8% | -2479.6% | 591.8% | 2558.4pp | -512.9pp |
| EPS (Diluted) | $0.49 | $-4.99 | $1.64 | 109.9% | -70.0% |
| Free Cash Flow | -$5M | -$9M | -$30M | 42.4% | 83.8% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $3M |
| R&D Expenses | $108M |
| Selling & Marketing | $44.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$132M |
| Operating Expenses | -$11M |
| Cost & Expenses | -$1M |
| OPERATING INCOME | $13M |
| Interest Income | $115.0K |
| Interest Expense | $663.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $3M |
| R&D Expenses | $108M |
| Selling & Marketing | $44.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$132M |
| Operating Expenses | -$11M |
| Cost & Expenses | -$1M |
| OPERATING INCOME | $13M |
| Interest Income | $115.0K |
| Interest Expense | $663.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $10.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$580.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$580.0K |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | -$14.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227.0K |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $79M |
| Goodwill | $7M |
| Intangible Assets | $11M |
| Long-Term Investments | $10M |
| Tax Assets | -$10M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $144M |
| Account Payables | $14M |
| Short-Term Debt | $39M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $67M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $9.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $883M |
| Retained Earnings | -$842M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $144M |
| Total Debt | $65M |
| Net Debt | $65M |
