| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $13M | $12M | 23.5% | 31.4% |
| Op. Income | -$14M | -$3M | -$7M | -350.3% | -86.2% |
| Gross Margin | 7.8% | 9.5% | 3.6% | -1.7pp | 4.2pp |
| Net Margin | -86.8% | -26.1% | -89.8% | -60.7pp | 3.0pp |
| EPS (Diluted) | $-0.87 | $-0.27 | $-5.61 | -222.2% | 84.5% |
| Free Cash Flow | -$3M | -$7M | -$10M | 60.9% | 74.8% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $261.9K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $135.9K |
| Operating Expenses | $15M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$14M |
| Interest Income | $107.6K |
| Interest Expense | $336.7K |
| Other Income/Expenses | -$165.8K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $135.9K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $135.9K |
| Stock-Based Compensation | $363.4K |
| Deferred Income Tax | $79.5K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $951.7K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $983.7K |
| Common Stock Repurchased | -$201 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $20.1K |
| Net Receivables | $22M |
| Inventory | $5M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $13M |
| Goodwill | $49.7K |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $66M |
| Account Payables | $12M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $129M |
| Retained Earnings | -$92M |
| Treasury Stock | -$917.2K |
| Accum. Other Comp. Income | -$419.8K |
| Other Equity | -$20 |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $12M |
| Net Debt | $9M |
