| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $4M | -0.5% | 9.9% |
| Op. Income | -$8M | -$9M | -$4M | 15.2% | -80.3% |
| Gross Margin | 58.3% | 59.2% | 61.7% | -0.9pp | -3.4pp |
| Net Margin | -1021.9% | -187.5% | -96.7% | -834.4pp | -925.3pp |
| EPS (Diluted) | $-1.36 | $-1.11 | $-1.94 | -22.5% | 29.9% |
| Free Cash Flow | -$12M | -$5M | -$3M | -138.2% | -257.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$8M |
| Interest Income | $852.0K |
| Interest Expense | $133.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | -$49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$49M |
| D&A | $643.0K |
| EBIT | -$49M |
| EBITDA | -$49M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$49M |
| Depreciation & Amortization | $643.0K |
| Stock-Based Compensation | $582.0K |
| Deferred Income Tax | $3.0K |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$46.0K |
| Acquisitions (Net) | -$136.0K |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$452.0K |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$140.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $20M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $2M |
| Goodwill | $16M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $603.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $103M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $0 |
| Additional Paid-In Capital | $251M |
| Retained Earnings | -$168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $83M |
| Minority Interest | $0 |
| TOTAL EQUITY | $83M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $865.0K |
| Net Debt | -$46M |
