| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140.0K | $254.0K | — | -44.9% | — |
| Op. Income | -$3M | -$1M | — | -172.8% | — |
| Gross Margin | -7.9% | 4.7% | — | -12.6pp | — |
| Net Margin | -2472.1% | -448.0% | — | -2024.1pp | — |
| EPS (Diluted) | $-0.24 | $-0.08 | — | -207.7% | — |
| Free Cash Flow | -$1M | -$1M | — | 15.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $140.0K |
| Cost of Revenue | $151.0K |
| GROSS PROFIT | -$11.0K |
| R&D Expenses | $652.0K |
| Selling & Marketing | $656.0K |
| General & Administrative | $982.0K |
| SG&A Expenses | $2M |
| Other Expenses | $844.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $33.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$314.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2.0K |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $43.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $43.0K |
| Stock-Based Compensation | $566.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$24.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$101.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $351.0K |
| Inventory | $315.0K |
| Other Current Assets | $122.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $125.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $125.0K |
| TOTAL ASSETS | $5M |
| Account Payables | $27.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $197.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $272.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.0K |
| TOTAL LIABILITIES | $273.0K |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$4M |
