| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $6M | $2M | 49.4% | 375.7% |
| Op. Income | -$14M | -$13M | -$21M | -10.6% | 33.0% |
| Gross Margin | 2.3% | 12.4% | -22.7% | -10.1pp | 25.0pp |
| Net Margin | -151.8% | -279.4% | -4049.0% | 127.7pp | 3897.3pp |
| EPS (Diluted) | $-25.20 | $-31.80 | $-166.80 | 20.8% | 84.9% |
| Free Cash Flow | -$11M | -$12M | -$23M | 8.6% | 51.5% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $198.8K |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $2M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$14M |
| Interest Income | $540.1K |
| Interest Expense | $540.1K |
| Other Income/Expenses | $869.3K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$16.1K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$25 |
| EPS Diluted | -$25 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$15.8K |
| Other Non-Cash Items | -$822.1K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | $881.2K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $639.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $639.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $4M |
| Net Receivables | $9M |
| Inventory | $29M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $40M |
| Goodwill | $223.5K |
| Intangible Assets | $7M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $81M |
| TOTAL ASSETS | $186M |
| Account Payables | $5M |
| Short-Term Debt | $10M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $228.1K |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $0 |
| Additional Paid-In Capital | $402M |
| Retained Earnings | -$274M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $122M |
| Minority Interest | -$4.2K |
| TOTAL EQUITY | $122M |
| TOTAL LIABILITIES & EQUITY | $186M |
| Total Debt | $31M |
| Net Debt | $2M |
