| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $28M | — | -55.0% | — |
| Op. Income | -$3M | $3M | — | -176.0% | — |
| Gross Margin | 48.2% | 45.0% | — | 3.2pp | — |
| Net Margin | -24.5% | 18.0% | — | -42.5pp | — |
| EPS (Diluted) | $-0.34 | $0.56 | — | -160.7% | — |
| Free Cash Flow | -$2M | -$2M | — | 2.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $345.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $410.0K |
| Other Income/Expenses | -$340.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $119.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $921.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $921.0K |
| Stock-Based Compensation | $564.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3.0K |
| Change in Working Capital | $690.0K |
| OPERATING CASH FLOW | -$896.0K |
| Capital Expenditure | -$842.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$602.0K |
| NET CASH FROM INVESTING | -$842.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $94.0K |
| NET CASH FROM FINANCING | $94.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $207.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $3M |
| Goodwill | $21M |
| Intangible Assets | $20M |
| Long-Term Investments | $5M |
| Tax Assets | $90.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $51M |
| TOTAL ASSETS | $88M |
| Account Payables | $15M |
| Short-Term Debt | $5M |
| Deferred Revenue | $226.0K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $90.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $185.0K |
| Additional Paid-In Capital | $531M |
| Retained Earnings | -$482M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$402.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $88M |
| Total Debt | $6M |
| Net Debt | -$947.0K |
